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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Myanmar Kyat/British Pound (FOREX:MMKGBP)
Strong Uptrend (+100) - MMKGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MMKGBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MMKGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMKGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MMKGBP
The long-term trend has been UP since Apr 12th, 2024 at 0.00037983
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00037506
The short-term trend has been UP since May 1st, 2024 at 0.00038061
Smart Scan Analysis for MMKGBP
Based on our trend formula, MMKGBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00038108 | 0.00038108 | 0.00038108 | 0.00038108 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00038223 | 2024-05-08 21:02:49 |