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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Malawian Kwacha/British Pound (FOREX:MWKGBP)

Sidelines Mode (+55) - MWKGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_MWKGBP
Open High Low MWKGBP Price Change
0.00110575 0.00110575 0.00110575 0.00110575 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKGBP

long term up The long-term trend has been UP since Mar 16th, 2020 at 0.00105918

intermediate term up The intermediate-term trend has been UP since Mar 16th, 2020 at 0.00105457

short term down The short-term trend has been DOWN since Mar 29th, 2020 at 0.00113546

Smart Scan Analysis for MWKGBP

Based on our trend formula, MWKGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MWKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00110575 0.00110575 0.00110575 0.00110575 0.00000000
Prev. Close Volume Bid Ask Time
0.00110575 0.00110029 0.00111121 2020-03-29 15:42:20
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