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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Myanmar Kyat/British Pound (FOREX:MMKGBP)

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

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.

FOREX_MMKGBP
Open High Low MMKGBP Price Change
0.00038526 0.00038526 0.00038526 0.00038526 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MMKGBP

long term up The long-term trend has been UP since Apr 12th, 2024 at 0.00037983

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00037506

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.00038349

Smart Scan Analysis for MMKGBP

Based on our trend formula, MMKGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MMKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00038526 0.00038526 0.00038526 0.00038526 0.00000000
Prev. Close Volume Bid Ask Time
0.00038526 2024-04-23 07:26:27
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