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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Euro/Malawian Kwacha (FOREX:EURMWK)

Crossroads (-60) - EURMWK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
800.384 800.384 800.384 800.384 0.000
Entry Signal

MarketClub’s Trade Triangles for EURMWK

long term down The long-term trend has been DOWN since Mar 23rd, 2020 at 795.265

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 805.043

short term up The short-term trend has been UP since May 20th, 2020 at 800.297

Smart Scan Analysis for EURMWK

Based on our trend formula, EURMWK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
800.384 800.384 800.384 800.384 0.000
Prev. Close Volume Bid Ask Time
800.384 796.384 804.384 2020-05-25 21:04:39
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