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Forex Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

Euro/Malawian Kwacha (FOREX:EURMWK)

Strong Downtrend (-100) - EURMWK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_EURMWK
Open High Low EURMWK Price Change
795.265 795.265 795.265 795.265 0.000
Entry Signal

MarketClub’s Trade Triangles for EURMWK

long term down The long-term trend has been DOWN since Feb 11th, 2020 at 805.560

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2020 at 818.675

short term down The short-term trend has been DOWN since Feb 5th, 2020 at 812.916

Smart Scan Analysis for EURMWK

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

-100
Smart Scan Analysis for EURMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
795.265 795.265 795.265 795.265 0.000
Prev. Close Volume Bid Ask Time
795.265 791.265 799.265 2020-02-20 07:21:19
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