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Forex Trend Analysis Report
Prepared for you on Monday, January 13, 2025.
US Dollar/Malawian Kwacha (FOREX:USDMWK)
Sidelines Mode (+55) - USDMWK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDMWK?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDMWK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDMWK
The long-term trend has been UP since Jan 7th, 2025 at 1743.7404
The intermediate-term trend has been UP since Dec 9th, 2024 at 1739.8687
The short-term trend has been DOWN since Jan 9th, 2025 at 1734.0000
Smart Scan Analysis for USDMWK
Based on our trend formula, USDMWK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1734.6683 | 1734.6683 | 1734.6683 | 1734.6683 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1734.6683 | 2025-01-13 07:25:16 |