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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Malawian Kwacha/South African Rand (FOREX:MWKZAR)

Bull Market Weakness (+75) - MWKZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MWKZAR as it may be in the beginning stages of a reversal.

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
0.01108197 0.01108197 0.01108197 0.01108197 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKZAR

long term down The long-term trend has been DOWN since Jul 23rd, 2023 at 0.01744927

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 0.01093699

short term up The short-term trend has been UP since Apr 11th, 2024 at 0.01078074

Smart Scan Analysis for MWKZAR

Based on our trend formula, MWKZAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MWKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01108197 0.01108197 0.01108197 0.01108197 0.00000000
Prev. Close Volume Bid Ask Time
0.01108197 2024-04-23 21:01:41
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