Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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, MWKEUR 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
0.00053482 0.00053482 0.00053482 0.00053482 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKEUR

long term down The long-term trend has been DOWN since Apr 5th, 2023 at 0.00089145

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2024 at 0.00055118

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 0.00054487

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
0.00053482 0.00053482 0.00053482 0.00053482 0.00000000
Prev. Close Volume Bid Ask Time
0.00053482 2024-03-29 03:30:08
Get a free daily analysis and signals for Malawian Kwacha/Euro (MWKEUR) - Request Your Free Report.