Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

US Dollar/Malawian Kwacha (FOREX:USDMWK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDMWK
Open High Low USDMWK Price Change
736.6672 737.5000 735.0000 737.5000 +0.8328
Entry Signal

MarketClub’s Trade Triangles for USDMWK

long term up The long term trend has been UP since Dec 19th, 2019 at 740.62

intermediate term down The intermediate term trend has been DOWN since Jan 23rd, 2020 at 732.50

short term down The short term trend has been DOWN since Jan 22nd, 2020 at 735.00

Smart Scan Analysis for USDMWK

Based on a pre-defined weighted trend formula for chart analysis, USDMWK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for USDMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
736.6672 737.5000 735.0000 737.5000 +0.8328
Prev. Close Volume Bid Ask Time
736.6672 725.0000 750.0000 2020-01-24 16:25:11
Get a free daily report for US Dollar/Malawian Kwacha (USDMWK) - Free Trend Analysis Report.