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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Euro/Malawian Kwacha (FOREX:EURMWK)
Strong Downtrend (-100) - EURMWK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURMWK continues to fall. Traders should use caution and set stops.
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 Nov 7th, 2024 at 1868.8
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 1912.2
The short-term trend has been DOWN since Nov 7th, 2024 at 1868.8
Smart Scan Analysis for EURMWK
Based on our trend formula, EURMWK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1830.2 | 1830.2 | 1830.2 | 1830.2 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1830.2 | 2024-11-20 19:11:56 |