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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Malawian Kwacha/US Dollar (FOREX:MWKUSD)

Bear Market Rally (-75) - MWKUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MWKUSD as it may be in the beginning of a reversal.

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
0.00122621 0.00122621 0.00122621 0.00122621 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKUSD

long term down The long-term trend has been DOWN since Jun 24th, 2020 at 0.00135135

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 0.00122381

short term down The short-term trend has been DOWN since Sep 22nd, 2021 at 0.00122749

Smart Scan Analysis for MWKUSD

Based on our trend formula, MWKUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MWKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00122621 0.00122621 0.00122621 0.00122621 0.00000000
Prev. Close Volume Bid Ask Time
0.00122621 2021-10-19 07:16:41
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