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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Malawian Kwacha/South African Rand (FOREX:MWKZAR)

Strong Downtrend (-100) - MWKZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MWKZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MWKZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MWKZAR
Open High Low MWKZAR Price Change
0.01854012 0.01854012 0.01854012 0.01854012 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKZAR

long term down The long-term trend has been DOWN since Jul 13th, 2020 at 0.02287719

intermediate term down The intermediate-term trend has been DOWN since Feb 1st, 2021 at 0.01961433

short term down The short-term trend has been DOWN since Feb 1st, 2021 at 0.01966860

Smart Scan Analysis for MWKZAR

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

-100
Smart Scan Analysis for MWKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01854012 0.01854012 0.01854012 0.01854012 0.00000000
Prev. Close Volume Bid Ask Time
0.01854012 2021-02-24 07:23:17
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