Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Malawian Kwacha/South African Rand (FOREX:MWKZAR)

Crossroads (-60) - MWKZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.02397618 0.02397618 0.02397618 0.02397618 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKZAR

long term up The long-term trend has been UP since Feb 10th, 2020 at 0.02039097

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2020 at 0.02495376

short term down The short-term trend has been DOWN since May 20th, 2020 at 0.02481325

Smart Scan Analysis for MWKZAR

Based on our trend formula, MWKZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MWKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02397618 0.02397618 0.02397618 0.02397618 0.00000000
Prev. Close Volume Bid Ask Time
0.02397618 0.02385636 0.02409601 2020-05-25 21:04:39
Get a free daily analysis and signals for Malawian Kwacha/South African Rand (MWKZAR) - Request Your Free Report.