Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Malawian Kwacha/British Pound (FOREX:MWKGBP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_MWKGBP
Open High Low MWKGBP Price Change
0.00103627 0.00103627 0.00103627 0.00103627 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKGBP

long term down The long term trend has been DOWN since Nov 19th, 2019 at 0.00105241

intermediate term down The intermediate term trend has been DOWN since Nov 19th, 2019 at 0.00105241

short term up The short term trend has been UP since Jan 3rd, 2020 at 0.00103678

Smart Scan Analysis for MWKGBP

Based on a pre-defined weighted trend formula for chart analysis, MWKGBP scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for MWKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00103627 0.00103627 0.00103627 0.00103627 0.00000000
Prev. Close Volume Bid Ask Time
0.00103627 0.00103121 0.00104134 2020-01-12 13:08:57
Get a free daily report for Malawian Kwacha/British Pound (MWKGBP) - Free Trend Analysis Report.