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.
MarketClub’s Trade Triangles for MWKUSD
The long-term trend has been UP since Mar 23rd, 2020 at 0.00136842
The intermediate-term trend has been UP since May 18th, 2020 at 0.00136685
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).