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Market Overview
The USD/MWK closed at 1732.25176, showing a minimal increase of 0.00% compared to the previous close, consistent with the ongoing downtrend over the past 30 days, which saw a 3.44% decline. The pair remains range-bound between recent support at 1732.07 and resistance near 1733.38. Technical indicators show the 20-, 50-, and 200-day moving averages clustered around 1732.26, with an RSI near neutral levels, reflecting consolidation with slight bearish bias. No major economic events are scheduled imminently to disrupt this pattern. The narrow trading range and subdued momentum suggest continued cautious sentiment. For information only.
Last Updated 1/29/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.