Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Malawian Kwacha/British Pound (FOREX:MWKGBP)
Bull Market Weakness (+75) - MWKGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MWKGBP as it may be in the beginning stages of a reversal.
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 17th, 2024 at 0.00045280
The intermediate-term trend has been UP since Dec 24th, 2024 at 0.00045610
The short-term trend has been UP since Dec 15th, 2024 at 0.00045178
Smart Scan Analysis for MWKGBP
Based on our trend formula, MWKGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00046034 | 0.00046034 | 0.00046034 | 0.00046034 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00045268 | 2024-12-24 21:00:04 |