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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Malawian Kwacha/US Dollar (FOREX:MWKUSD)
Countertrend Down (-85) - MWKUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Mar 28th, 2024 at 0.00059371
The short-term trend has been UP since Apr 14th, 2024 at 0.00057675
Smart Scan Analysis for MWKUSD
Based on our trend formula, MWKUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00057848 | 0.00057848 | 0.00057848 | 0.00057848 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00057490 | 2024-04-17 19:38:11 |