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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

British Pound/Maltese Lira (FOREX:GBPMTL)

Sidelines Mode (+55) - GBPMTL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_GBPMTL
Open High Low GBPMTL Price Change
0.40522252 0.40522252 0.40522252 0.40522252 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GBPMTL

long term up The long-term trend has been UP since Jul 24th, 2020 at 0.37529700

intermediate term up The intermediate-term trend has been UP since Dec 16th, 2020 at 0.39637632

short term down The short-term trend has been DOWN since Mar 5th, 2021 at 0.40605710

Smart Scan Analysis for GBPMTL

Based on our trend formula, GBPMTL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPMTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.40522252 0.40522252 0.40522252 0.40522252 0.00000000
Prev. Close Volume Bid Ask Time
0.40522252 2021-03-06 03:30:39
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