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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Malawian Kwacha/US Dollar (FOREX:MWKUSD)

Bull Market Weakness (+75) - MWKUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MWKUSD as it may be in the beginning stages 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
0.00057621 0.00057621 0.00057621 0.00057621 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKUSD

long term up The long-term trend has been UP since Nov 18th, 2024 at 0.00057909

intermediate term up The intermediate-term trend has been UP since Nov 18th, 2024 at 0.00057822

short term up The short-term trend has been UP since Nov 18th, 2024 at 0.00057822

Smart Scan Analysis for MWKUSD

Based on our trend formula, MWKUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MWKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00057621 0.00057621 0.00057621 0.00057621 0.00000000
Prev. Close Volume Bid Ask Time
0.00057621 2024-11-20 19:11:56
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