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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

South African Rand/Malawian Kwacha (FOREX:ZARMWK)

Weak Uptrend (+65) - ZARMWK is showing signs of weakening momentum to the upside. Monitor ZARMWK as it may be in the beginning stages of a reversal.

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
94.33838 94.33838 94.33838 94.33838 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARMWK

long term up The long-term trend has been UP since Jul 23rd, 2023 at 57.309703

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2024 at 93.011320

short term up The short-term trend has been UP since Jun 9th, 2024 at 91.868320

Smart Scan Analysis for ZARMWK

Based on our trend formula, ZARMWK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ZARMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
94.33838 94.33838 94.33838 94.33838 0.00000
Prev. Close Volume Bid Ask Time
94.33838 2024-06-15 06:10:53
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