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Forex Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

Malawian Kwacha/US Dollar (FOREX:MWKUSD)

Strong Downtrend (-100) - MWKUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MWKUSD continues to fall. Traders should use caution 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
0.0009741 0.0009741 0.0009741 0.0009741 0.0000000
Entry Signal

MarketClub’s Trade Triangles for MWKUSD

long term down The long-term trend has been DOWN since Mar 17th, 2023 at 0.00097035

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2023 at 0.00097345

short term down The short-term trend has been DOWN since Mar 17th, 2023 at 0.00098324

Smart Scan Analysis for MWKUSD

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

-100
Smart Scan Analysis for MWKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0009741 0.0009741 0.0009741 0.0009741 0.0000000
Prev. Close Volume Bid Ask Time
0.0009741 2023-03-31 07:27:21
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