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Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

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
0.36503817 0.36605733 0.36442700 0.36452948 -0.00050900
Entry Signal

MarketClub’s Trade Triangles for GBPMTL

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 0.36673688

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 Apr 10th, 2024 at 0.36951970

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
0.36503817 0.36605733 0.36442700 0.36452948 -0.00050900
Prev. Close Volume Bid Ask Time
0.36503817 2024-04-15 14:37:38
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