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Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

Malawian Kwacha/US Dollar (FOREX:MWKUSD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_MWKUSD
Open High Low MWKUSD Price Change
0.001382 0.001384 0.001382 0.001384 +0.000002
Entry Signal

MarketClub’s Trade Triangles for MWKUSD

long term up The long term trend has been UP since Jan 4th, 2019 at 0.001382

intermediate term up The intermediate term trend has been UP since Mar 14th, 2019 at 0.001378

short term up The short term trend has been UP since Mar 21st, 2019 at 0.001383

Smart Scan Analysis for MWKUSD

Based on a pre-defined weighted trend formula for chart analysis, MWKUSD scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for MWKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001382 0.001384 0.001382 0.001384 +0.000002
Prev. Close Volume Bid Ask Time
0.001382 0.001352 0.001415 2019-03-22 14:35:19
Want to analyze Malawian Kwacha/US Dollar MWKUSD or another symbol? Try our Free Forex Trend Analysis Report.