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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

US Dollar/Malawian Kwacha (FOREX:USDMWK)

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

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.

FOREX_USDMWK
Open High Low USDMWK Price Change
781.9694 781.9694 780.0000 780.5000 -1.4694
Entry Signal

MarketClub’s Trade Triangles for USDMWK

long term up The long-term trend has been UP since Dec 19th, 2019 at 740.6200

intermediate term up The intermediate-term trend has been UP since Mar 3rd, 2021 at 781.1340

short term down The short-term trend has been DOWN since Mar 8th, 2021 at 781.0631

Smart Scan Analysis for USDMWK

Based on our trend formula, USDMWK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for USDMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
781.9694 781.9694 780.0000 780.5000 -1.4694
Prev. Close Volume Bid Ask Time
781.9694 2021-03-08 18:31:23
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