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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Malawian Kwacha/British Pound (FOREX:MWKGBP)

Crossroads (+60) - MWKGBP is struggling to move into a solid trend. Beware of choppy markets 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
0.00045673 0.00045675 0.00045673 0.00045675 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKGBP

long term down The long-term trend has been DOWN since Apr 5th, 2023 at 0.00078550

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2024 at 0.00045398

short term up The short-term trend has been UP since Jun 10th, 2024 at 0.00045146

Smart Scan Analysis for MWKGBP

Based on our trend formula, MWKGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MWKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00045673 0.00045675 0.00045673 0.00045675 0.00000000
Prev. Close Volume Bid Ask Time
0.00045479 2024-06-23 21:00:32
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