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Forex Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

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.

FOREX_MWKUSD
Open High Low MWKUSD Price Change
0.0009744 0.0009744 0.0009744 0.0009744 0.0000000
Entry Signal

MarketClub’s Trade Triangles for MWKUSD

long term down The long-term trend has been DOWN since May 27th, 2022 at 0.00122200

intermediate term down The intermediate-term trend has been DOWN since May 5th, 2022 at 0.00122487

short term up The short-term trend has been UP since Jun 17th, 2022 at 0.00097843

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).

-85
Smart Scan Analysis for MWKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0009744 0.0009744 0.0009744 0.0009744 0.0000000
Prev. Close Volume Bid Ask Time
0.0009744 2022-07-04 07:15:34
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