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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

Malawian Kwacha/US Dollar (FOREX:MWKUSD)

Bear Market Rally (-75) - MWKUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MWKUSD as it may be in the beginning of a reversal.

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

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

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

FOREX_MWKUSD
Open High Low MWKUSD Price Change
0.0013188 0.0013188 0.0013188 0.0013188 0.0000000
Entry Signal

MarketClub’s Trade Triangles for MWKUSD

long term down The long-term trend has been DOWN since Jun 24th, 2020 at 0.00135135

intermediate term down The intermediate-term trend has been DOWN since Jul 27th, 2020 at 0.00135681

short term up The short-term trend has been UP since Nov 22nd, 2020 at 0.00131848

Smart Scan Analysis for MWKUSD

Based on our trend formula, MWKUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MWKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0013188 0.0013188 0.0013188 0.0013188 0.0000000
Prev. Close Volume Bid Ask Time
0.0013188 2020-11-27 07:13:58
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