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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Malawian Kwacha/Euro (FOREX:MWKEUR)
Countertrend Up (+85) - MWKEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Nov 7th, 2024 at 0.00053511
The intermediate-term trend has been UP since Oct 9th, 2024 at 0.00052296
The short-term trend has been UP since Nov 7th, 2024 at 0.00053511
Smart Scan Analysis for MWKEUR
Based on our trend formula, MWKEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00054639 | 0.00054639 | 0.00054639 | 0.00054639 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00054639 | 2024-11-20 19:11:56 |