Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURMWK
The long-term trend has been UP since Apr 5th, 2023 at 1121.779
The intermediate-term trend has been DOWN since Apr 14th, 2024 at 1859.900
The short-term trend has been UP since Apr 22nd, 2024 at 1845.500
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1859.5 | 1859.5 | 1859.5 | 1859.5 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1859.5 | 2024-04-26 07:26:04 |