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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

British Pound/Maltese Lira (FOREX:GBPMTL)

Weak Downtrend (-65) - GBPMTL is showing signs of a strengthening downtrend. Monitor GBPMTL as it may be building momentum to the downside.

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
0.36993395 0.37066467 0.36861286 0.36984751 -0.00008600
Entry Signal

MarketClub’s Trade Triangles for GBPMTL

long term up The long-term trend has been UP since Dec 14th, 2023 at 0.37297901

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.37056546

short term down The short-term trend has been DOWN since Mar 21st, 2024 at 0.37117878

Smart Scan Analysis for GBPMTL

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

-70
Smart Scan Analysis for GBPMTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36993395 0.37066467 0.36861286 0.36984751 -0.00008600
Prev. Close Volume Bid Ask Time
0.36993395 2024-03-28 14:06:25
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