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Forex Trend Analysis Report

Prepared for you on Saturday, October 23, 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
0.40294323 0.40294323 0.40294323 0.40294323 0.00000000
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 up The intermediate-term trend has been UP since Oct 15th, 2021 at 0.40286225

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 0.40258463

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
0.40294323 0.40294323 0.40294323 0.40294323 0.00000000
Prev. Close Volume Bid Ask Time
0.40294323 2021-10-23 16:33:25
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