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Forex Trend Analysis Report

Prepared for you on Tuesday, May 26, 2020.

Malawian Kwacha/British Pound (FOREX:MWKGBP)

Countertrend Up (+85) - MWKGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_MWKGBP
Open High Low MWKGBP Price Change
0.00111581 0.00111581 0.00111581 0.00111581 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKGBP

long term up The long-term trend has been UP since Mar 16th, 2020 at 0.00105918

intermediate term up The intermediate-term trend has been UP since May 13th, 2020 at 0.00110498

short term up The short-term trend has been UP since Apr 24th, 2020 at 0.00109035

Smart Scan Analysis for MWKGBP

Based on our trend formula, MWKGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for MWKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00111581 0.00111581 0.00111581 0.00111581 0.00000000
Prev. Close Volume Bid Ask Time
0.00111581 0.00111023 0.00112138 2020-05-25 21:04:39
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