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Forex Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

Myanmar Kyat/British Pound (FOREX:MMKGBP)

Weak Downtrend (-65) - MMKGBP is showing signs of a strengthening downtrend. Monitor MMKGBP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MMKGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for MMKGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MMKGBP
Open High Low MMKGBP Price Change
0.00037278 0.00037278 0.00037278 0.00037278 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MMKGBP

long term up The long-term trend has been UP since Apr 12th, 2024 at 0.00037983

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2024 at 0.00037924

short term down The short-term trend has been DOWN since May 12th, 2024 at 0.00038038

Smart Scan Analysis for MMKGBP

Based on our trend formula, MMKGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MMKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00037278 0.00037278 0.00037278 0.00037278 0.00000000
Prev. Close Volume Bid Ask Time
0.00037278 2024-05-28 07:26:04
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