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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 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
94.87977 94.87977 94.87977 94.87977 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 up The intermediate-term trend has been UP since Jun 19th, 2024 at 94.759630

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 95.185070

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
94.87977 94.87977 94.87977 94.87977 0.00000
Prev. Close Volume Bid Ask Time
94.87977 2024-07-26 14:00:16
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