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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.

FOREX_MWKEUR
Open High Low MWKEUR Price Change
0.00105231 0.00105231 0.00105231 0.00105231 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKEUR

long term down The long-term trend has been DOWN since Jul 16th, 2020 at 0.00119971

intermediate term down The intermediate-term trend has been DOWN since Feb 15th, 2021 at 0.00106338

short term down 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).

-100
Smart Scan Analysis for MWKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00105231 0.00105231 0.00105231 0.00105231 0.00000000
Prev. Close Volume Bid Ask Time
0.00105231 2021-02-24 07:23:17
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