Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Maltese Lira/British Pound (FOREX:MTLGBP)
Bull Market Weakness (+75) - MTLGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MTLGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MTLGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTLGBP.
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 MTLGBP
The long-term trend has been UP since Apr 11th, 2024 at 2.7267655
The intermediate-term trend has been UP since Mar 27th, 2024 at 2.6985934
The short-term trend has been UP since May 7th, 2024 at 2.7237453
Smart Scan Analysis for MTLGBP
Based on our trend formula, MTLGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.7316988 | 2.7423342 | 2.7285002 | 2.7315253 | -0.0001740 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.7316988 | 2024-05-09 10:17:52 |