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Forex Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

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
816.531 816.531 816.531 816.531 0.000
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 Nov 29th, 2021 at 815.4475

short term down The short-term trend has been DOWN since Nov 29th, 2021 at 815.5000

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
816.531 816.531 816.531 816.531 0.000
Prev. Close Volume Bid Ask Time
816.531 2021-12-07 07:25:43
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