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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Euro/Malawian Kwacha (FOREX:EURMWK)

Weak Downtrend (-65) - EURMWK is showing signs of a strengthening downtrend. Monitor EURMWK as it may be building momentum to the downside.

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
1844.2 1844.2 1844.2 1844.2 0.0
Entry Signal

MarketClub’s Trade Triangles for EURMWK

long term up The long-term trend has been UP since Apr 5th, 2023 at 1121.779

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2024 at 1859.900

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 1878.200

Smart Scan Analysis for EURMWK

Based on our trend formula, EURMWK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1844.2 1844.2 1844.2 1844.2 0.0
Prev. Close Volume Bid Ask Time
1845.6 2024-04-17 19:38:11
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