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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

British Pound/Maltese Lira (FOREX:GBPMTL)

Strong Downtrend (-100) - GBPMTL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPMTL continues to fall. Traders should use caution and set stops.

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
0.34899516 0.34929880 0.34305167 0.34649184 -0.00250300
Entry Signal

MarketClub’s Trade Triangles for GBPMTL

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 0.40038134

intermediate term down The intermediate-term trend has been DOWN since Aug 18th, 2022 at 0.35040697

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 0.35453569

Smart Scan Analysis for GBPMTL

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

-100
Smart Scan Analysis for GBPMTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34899516 0.34929880 0.34305167 0.34649184 -0.00250300
Prev. Close Volume Bid Ask Time
0.34899516 2022-08-19 22:43:51
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