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Forex Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

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
0.37941498 0.37941498 0.37941498 0.37941498 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GBPMTL

long term up The long-term trend has been UP since Oct 15th, 2019 at 0.37210500

intermediate term down The intermediate-term trend has been DOWN since Feb 4th, 2020 at 0.37969548

short term down The short-term trend has been DOWN since Feb 17th, 2020 at 0.38093221

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
0.37941498 0.37941498 0.37941498 0.37941498 0.00000000
Prev. Close Volume Bid Ask Time
0.37941498 0.37852584 0.38030411 2020-02-22 03:46:37
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