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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

British Pound/Malawian Kwacha (FOREX:GBPMWK)

Strong Uptrend (+100) - GBPMWK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPMWK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid GBPMWK?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMWK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPMWK
Open High Low GBPMWK Price Change
1015.6745 1018.2097 1015.6745 1018.2097 +2.5352
Entry Signal

MarketClub’s Trade Triangles for GBPMWK

long term up The long-term trend has been UP since Jul 27th, 2020 at 931.3138

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2020 at 971.5555

short term up The short-term trend has been UP since Nov 30th, 2020 at 1012.1117

Smart Scan Analysis for GBPMWK

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

+100
Smart Scan Analysis for GBPMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1015.6745 1018.2097 1015.6745 1018.2097 +2.5352
Prev. Close Volume Bid Ask Time
1015.0420 2020-11-30 21:00:29
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