Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Euro/Malawian Kwacha (FOREX:EURMWK)
Sidelines Mode (+50) - EURMWK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURMWK can gain momentum.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURMWK
The long-term trend has been DOWN since Nov 7th, 2024 at 1868.8
The intermediate-term trend has been UP since Jan 24th, 2025 at 1810.1
The short-term trend has been UP since Feb 16th, 2025 at 1800.3
Smart Scan Analysis for EURMWK
Based on our trend formula, EURMWK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1815.4 | 1815.4 | 1815.4 | 1815.4 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1815.4 | 2025-02-22 01:41:06 |