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.
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MarketClub’s Trade Triangles for EURMWK
The long-term trend has been UP since Apr 5th, 2023 at 1121.779
The intermediate-term trend has been DOWN since Apr 14th, 2024 at 1859.900
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).
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 |