Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

South African Rand/Malawian Kwacha (FOREX:ZARMWK)

Sidelines Mode (+50) - ZARMWK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARMWK can gain momentum.

Is it time to buy, sell, or avoid ZARMWK?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARMWK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARMWK
Open High Low ZARMWK Price Change
41.140149 42.062559 41.140149 42.062559 +0.922410
Entry Signal

MarketClub’s Trade Triangles for ZARMWK

long term down The long-term trend has been DOWN since Feb 10th, 2020 at 49.042519

intermediate term up The intermediate-term trend has been UP since May 12th, 2020 at 40.075132

short term up The short-term trend has been UP since May 20th, 2020 at 40.302064

Smart Scan Analysis for ZARMWK

Based on our trend formula, ZARMWK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for ZARMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.140149 42.062559 41.140149 42.062559 +0.922410
Prev. Close Volume Bid Ask Time
41.766520 41.854619 42.270499 2020-05-21 21:08:21
Get a free daily analysis and signals for South African Rand/Malawian Kwacha (ZARMWK) - Request Your Free Report.