Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Malawian Kwacha/Euro (FOREX:MWKEUR)
Weak Downtrend (-65) - MWKEUR is showing signs of a strengthening downtrend. Monitor MWKEUR as it may be building momentum to the downside.
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 UP since Mar 8th, 2023 at 0.00093170
The intermediate-term trend has been DOWN since Mar 17th, 2023 at 0.00091416
The short-term trend has been DOWN since Mar 17th, 2023 at 0.00092252
Smart Scan Analysis for MWKEUR
Based on our trend formula, MWKEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).