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Forex Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
Malawian Kwacha/Euro (FOREX:MWKEUR)
Crossroads (-60) - MWKEUR 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 MWKEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MWKEUR.
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 MWKEUR
The long-term trend has been DOWN since May 27th, 2022 at 0.00107524
The intermediate-term trend has been UP since Jun 17th, 2022 at 0.00091678
The short-term trend has been UP since Jun 17th, 2022 at 0.00091678
Smart Scan Analysis for MWKEUR
Based on our trend formula, MWKEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00092607 | 0.00092607 | 0.00092607 | 0.00092607 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00092607 | 2022-06-29 07:17:22 |