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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Malawian Kwacha/US Dollar (FOREX:MWKUSD)
Sidelines Mode (-55) - MWKUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for MWKUSD
The long-term trend has been DOWN since Mar 28th, 2024 at 0.00059013
The intermediate-term trend has been DOWN since Jul 15th, 2024 at 0.00057605
The short-term trend has been UP since Jul 21st, 2024 at 0.00057697
Smart Scan Analysis for MWKUSD
Based on our trend formula, MWKUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00057694 | 0.00057694 | 0.00057694 | 0.00057694 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00057694 | 2024-07-26 14:00:16 |