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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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.

FOREX_USDMWK
Open High Low USDMWK Price Change
735 735 735 735 0
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 down The intermediate-term trend has been DOWN since May 18th, 2020 at 731.6297

short term up The short-term trend has been UP since May 21st, 2020 at 737.5000

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).

+55
Smart Scan Analysis for USDMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
735 735 735 735 0
Prev. Close Volume Bid Ask Time
737 720 750 2020-05-22 16:26:26
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