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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

Malawian Kwacha/British Pound (FOREX:MWKGBP)

Crossroads (-60) - MWKGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00089496 0.00089496 0.00089496 0.00089496 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKGBP

long term up The long-term trend has been UP since Nov 5th, 2021 at 0.00090356

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2021 at 0.00091952

short term down The short-term trend has been DOWN since Dec 14th, 2021 at 0.00092397

Smart Scan Analysis for MWKGBP

Based on our trend formula, MWKGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MWKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00089496 0.00089496 0.00089496 0.00089496 0.00000000
Prev. Close Volume Bid Ask Time
0.00090061 2022-01-17 21:08:24
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