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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Malawian Kwacha/US Dollar (FOREX:MWKUSD)

Countertrend Up (+85) - MWKUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00137408 0.00137408 0.00137408 0.00137408 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MWKUSD

long term up The long-term trend has been UP since Mar 23rd, 2020 at 0.00136842

intermediate term up The intermediate-term trend has been UP since Mar 16th, 2020 at 0.00135863

short term up The short-term trend has been UP since Mar 29th, 2020 at 0.00137314

Smart Scan Analysis for MWKUSD

Based on our trend formula, MWKUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for MWKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00137408 0.00137408 0.00137408 0.00137408 0.00000000
Prev. Close Volume Bid Ask Time
0.00137408 0.00136729 0.00138087 2020-03-29 15:42:20
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