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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Malawian Kwacha/British Pound (FOREX:MWKGBP)
Countertrend Up (+85) - MWKGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for MWKGBP
The long-term trend has been UP since Nov 17th, 2024 at 0.00045280
The intermediate-term trend has been UP since Dec 21st, 2024 at 0.00045706
The short-term trend has been UP since Dec 15th, 2024 at 0.00045178
Smart Scan Analysis for MWKGBP
Based on our trend formula, MWKGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00046117 | 0.00046117 | 0.00046117 | 0.00046117 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00046117 | 2024-12-21 08:23:56 |