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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

British Pound/Maldivian Rufiyaa (FOREX:GBPMVR)

Strong Uptrend (+100) - GBPMVR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPMVR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_GBPMVR
Open High Low GBPMVR Price Change
21.747567 21.747567 21.733150 21.733150 -0.014417
Entry Signal

MarketClub’s Trade Triangles for GBPMVR

long term up The long-term trend has been UP since Jul 21st, 2020 at 19.796546

intermediate term up The intermediate-term trend has been UP since Oct 5th, 2020 at 19.995198

short term up The short-term trend has been UP since Feb 8th, 2021 at 21.139763

Smart Scan Analysis for GBPMVR

Based on our trend formula, GBPMVR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for GBPMVR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.747567 21.747567 21.733150 21.733150 -0.014417
Prev. Close Volume Bid Ask Time
21.747567 2021-02-24 12:55:46
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