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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

US Dollar/Malawian Kwacha (FOREX:USDMWK)

Bull Market Weakness (+75) - USDMWK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDMWK as it may be in the beginning stages of a reversal.

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.

Open High Low USDMWK Price Change
781.134 781.134 780.000 780.000 -1.134
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 Feb 7th, 2021 at 770.0000

short term up The short-term trend has been UP since Feb 17th, 2021 at 779.9183

Smart Scan Analysis for USDMWK

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

Smart Scan Analysis for USDMWK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
781.134 781.134 780.000 780.000 -1.134
Prev. Close Volume Bid Ask Time
781.134 2021-02-24 12:55:49
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