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Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
Euro/Malawian Kwacha (FOREX:EURMWK)
Crossroads (-60) - EURMWK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURMWK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMWK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURMWK
The long-term trend has been DOWN since Mar 23rd, 2020 at 795.265
The intermediate-term trend has been UP since May 20th, 2020 at 805.043
The short-term trend has been UP since May 20th, 2020 at 800.297
Smart Scan Analysis for EURMWK
Based on our trend formula, EURMWK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 800.384 | 800.384 | 800.384 | 800.384 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 800.384 | 796.384 | 804.384 | 2020-05-25 21:04:39 |