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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Maldivian Rufiyaa (FOREX:GBPMVR)
Weak Downtrend (-65) - GBPMVR is showing signs of a strengthening downtrend. Monitor GBPMVR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPMVR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMVR.
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 GBPMVR
The long-term trend has been UP since Jul 5th, 2024 at 19.715405
The intermediate-term trend has been DOWN since Nov 14th, 2024 at 19.929264
The short-term trend has been DOWN since Nov 14th, 2024 at 19.929264
Smart Scan Analysis for GBPMVR
Based on our trend formula, GBPMVR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.597652 | 19.599264 | 19.597652 | 19.599264 | +0.001612 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.597652 | 2024-11-19 16:10:32 |