Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
Malawian Kwacha/British Pound (FOREX:MWKGBP)
Weak Downtrend (-65) - MWKGBP is showing signs of a strengthening downtrend. Monitor MWKGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MWKGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MWKGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MWKGBP
The long-term trend has been UP since Mar 3rd, 2023 at 0.00081635
The intermediate-term trend has been DOWN since Mar 17th, 2023 at 0.00080371
The short-term trend has been DOWN since Mar 17th, 2023 at 0.00081895
Smart Scan Analysis for MWKGBP
Based on our trend formula, MWKGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).