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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Euro/Malawian Kwacha (FOREX:EURMWK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low EURMWK Price Change
823.895 825.200 823.675 825.200 +1.305
Entry Signal

MarketClub’s Trade Triangles for EURMWK

long term up The long term trend has been UP since Dec 5th, 2018 at 859.015

intermediate term down The intermediate term trend has been DOWN since Jan 4th, 2019 at 818.670

short term up The short term trend has been UP since Feb 18th, 2019 at 824.020

Smart Scan Analysis for EURMWK

Based on a pre-defined weighted trend formula for chart analysis, EURMWK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
823.895 825.200 823.675 825.200 +1.305
Prev. Close Volume Bid Ask Time
823.895 809.340 841.060 2019-02-18 06:48:58
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