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.
MarketClub’s Trade Triangles for GBPMVR
The long-term trend has been UP since Jul 21st, 2020 at 19.796546
The intermediate-term trend has been UP since Oct 5th, 2020 at 19.995198
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).