Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

British Pound/Myanmar Kyat (FOREX:GBPMMK)

Weak Uptrend (+65) - GBPMMK is showing signs of weakening momentum to the upside. Monitor GBPMMK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPMMK?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMMK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPMMK
Open High Low GBPMMK Price Change
2547.6655 2547.6655 2547.6655 2547.6655 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPMMK

long term up The long-term trend has been UP since Dec 2nd, 2020 at 1760.5517

intermediate term up The intermediate-term trend has been UP since Sep 6th, 2021 at 2276.3452

short term down The short-term trend has been DOWN since Oct 25th, 2021 at 2616.8403

Smart Scan Analysis for GBPMMK

Based on our trend formula, GBPMMK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPMMK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2547.6655 2547.6655 2547.6655 2547.6655 0.0000
Prev. Close Volume Bid Ask Time
2578.0082 2021-10-25 07:22:35
Get a free daily analysis and signals for British Pound/Myanmar Kyat (GBPMMK) - Request Your Free Report.