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Forex Trend Analysis Report
Prepared for you on Friday, October 11, 2024.
Malawian Kwacha/Euro (FOREX:MWKEUR)
Sidelines Mode (+50) - MWKEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MWKEUR can gain momentum.
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 Apr 5th, 2023 at 0.00089145
The intermediate-term trend has been UP since Oct 9th, 2024 at 0.00052296
The short-term trend has been UP since Oct 4th, 2024 at 0.00051685
Smart Scan Analysis for MWKEUR
Based on our trend formula, MWKEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00052723 | 0.00052723 | 0.00052723 | 0.00052723 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00052723 | 2024-10-10 07:25:29 |