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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Maltese Lira (FOREX:GBPMTL)
Countertrend Down (-85) - GBPMTL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for GBPMTL
The long-term trend has been DOWN since Nov 14th, 2024 at 0.37107205
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 0.38323996
The short-term trend has been UP since Nov 20th, 2024 at 0.37191526
Smart Scan Analysis for GBPMTL
Based on our trend formula, GBPMTL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.37162451 | 0.37251792 | 0.37148006 | 0.37161508 | -0.00000900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.37162451 | 2024-11-20 03:35:00 |