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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Malawian Kwacha/US Dollar (FOREX:MWKUSD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_MWKUSD
Open High Low MWKUSD Price Change
0.00135803 0.00135803 0.00135803 0.00135803 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKUSD

long term up The long term trend has been UP since Sep 19th, 2019 at 0.00138000

intermediate term up The intermediate term trend has been UP since Dec 29th, 2019 at 0.00136285

short term up The short term trend has been UP since Jan 12th, 2020 at 0.00135654

Smart Scan Analysis for MWKUSD

Based on a pre-defined weighted trend formula for chart analysis, MWKUSD scored +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
0.00135803 0.00135803 0.00135803 0.00135803 0.00000000
Prev. Close Volume Bid Ask Time
0.00135803 0.00135139 0.00136467 2020-01-21 07:17:53
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