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Forex Trend Analysis Report

Prepared for you on Sunday, May 26, 2024.

Euro/Malawian Kwacha (FOREX:EURMWK)

Bull Market Weakness (+75) - EURMWK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURMWK as it may be in the beginning stages of a reversal.

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.

FOREX_EURMWK
Open High Low EURMWK Price Change
1879.6 1879.6 1879.6 1879.6 0.0
Entry Signal

MarketClub’s Trade Triangles for EURMWK

long term up The long-term trend has been UP since Apr 5th, 2023 at 1121.779

intermediate term up The intermediate-term trend has been UP since May 8th, 2024 at 1862.700

short term down The short-term trend has been DOWN since May 23rd, 2024 at 1884.100

Smart Scan Analysis for EURMWK

Based on our trend formula, EURMWK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for EURMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1879.6 1879.6 1879.6 1879.6 0.0
Prev. Close Volume Bid Ask Time
1879.6 2024-05-26 08:46:21
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