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Forex Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

Myanmar Kyat/British Pound (FOREX:MMKGBP)

Countertrend Up (+85) - MMKGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00053085 0.00053085 0.00053085 0.00053085 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MMKGBP

long term up The long-term trend has been UP since Feb 4th, 2020 at 0.00052481

intermediate term up The intermediate-term trend has been UP since Dec 22nd, 2019 at 0.00051216

short term up The short-term trend has been UP since Feb 4th, 2020 at 0.00052333

Smart Scan Analysis for MMKGBP

Based on our trend formula, MMKGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for MMKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00053085 0.00053085 0.00053085 0.00053085 0.00000000
Prev. Close Volume Bid Ask Time
0.00053596 0.00052339 0.00053831 2020-02-19 07:21:16
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