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Forex Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

Euro/Malawian Kwacha (FOREX:EURMWK)

Weak Downtrend (-65) - EURMWK is showing signs of a strengthening downtrend. Monitor EURMWK as it may be building momentum to the downside.

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
948.428 948.428 948.428 948.428 0.000
Entry Signal

MarketClub’s Trade Triangles for EURMWK

long term up The long-term trend has been UP since Jul 15th, 2020 at 834.690

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 956.788

short term down The short-term trend has been DOWN since Sep 13th, 2021 at 961.354

Smart Scan Analysis for EURMWK

Based on our trend formula, EURMWK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
948.428 948.428 948.428 948.428 0.000
Prev. Close Volume Bid Ask Time
947.811 2021-10-25 07:22:32
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