Free Daily Analysis

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.

FOREX_MWKGBP
Open High Low MWKGBP Price Change
0.00079016 0.00079016 0.00079012 0.00079012 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKGBP

long term up The long-term trend has been UP since Mar 3rd, 2023 at 0.00081635

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2023 at 0.00080371

short term down 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).

-70
Smart Scan Analysis for MWKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00079016 0.00079016 0.00079012 0.00079012 0.00000000
Prev. Close Volume Bid Ask Time
0.00079016 2023-03-28 13:24:47
Get a free daily analysis and signals for Malawian Kwacha/British Pound (MWKGBP) - Request Your Free Report.