Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Malawian Kwacha/Euro (FOREX:MWKEUR)
Strong Downtrend (-100) - MWKEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for MWKEUR
The long-term trend has been DOWN since Jul 16th, 2020 at 0.00119971
The intermediate-term trend has been DOWN since Feb 15th, 2021 at 0.00106338
The short-term trend has been DOWN since Feb 23rd, 2021 at 0.00106024
Smart Scan Analysis for MWKEUR
Based on our trend formula, MWKEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).