Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Malawian Kwacha/US Dollar (FOREX:MWKUSD)

Countertrend Up (+85) - MWKUSD 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 MWKUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for MWKUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MWKUSD
Open High Low MWKUSD Price Change
0.00135775 0.00135775 0.00135304 0.00135304 -0.00000500
Entry Signal

MarketClub’s Trade Triangles for MWKUSD

long term up The long-term trend has been UP since Mar 23rd, 2020 at 0.00136842

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 0.00136685

short term up The short-term trend has been UP since May 18th, 2020 at 0.00135795

Smart Scan Analysis for MWKUSD

Based on our trend formula, MWKUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for MWKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00135775 0.00135775 0.00135304 0.00135304 -0.00000500
Prev. Close Volume Bid Ask Time
0.00135747 0.00134635 0.00135973 2020-05-21 21:08:21
Get a free daily analysis and signals for Malawian Kwacha/US Dollar (MWKUSD) - Request Your Free Report.