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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.
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MarketClub’s Trade Triangles for MWKGBP
The long-term trend has been UP since Nov 5th, 2021 at 0.00090356
The intermediate-term trend has been DOWN since Dec 28th, 2021 at 0.00091952
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).
| 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 |