Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

US Dollar/Malawian Kwacha (FOREX:USDMWK)

Weak Downtrend (-65) - USDMWK is showing signs of a strengthening downtrend. Monitor USDMWK as it may be building momentum to the downside.

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

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

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

FOREX_USDMWK
Open High Low USDMWK Price Change
735 735 735 735 0
Entry Signal

MarketClub’s Trade Triangles for USDMWK

long term up The long-term trend has been UP since Dec 19th, 2019 at 740.6200

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2020 at 731.6297

short term down The short-term trend has been DOWN since May 25th, 2020 at 735.0000

Smart Scan Analysis for USDMWK

Based on our trend formula, USDMWK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
735 735 735 735 0
Prev. Close Volume Bid Ask Time
735 720 750 2020-05-28 10:08:48
Get a free daily analysis and signals for US Dollar/Malawian Kwacha (USDMWK) - Request Your Free Report.