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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Maltese Lira/British Pound (FOREX:MTLGBP)
Countertrend Up (+85) - MTLGBP 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 MTLGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTLGBP.
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 MTLGBP
The long-term trend has been UP since Nov 14th, 2024 at 2.6949092
The intermediate-term trend has been UP since Oct 7th, 2024 at 2.6093456
The short-term trend has been DOWN since Nov 20th, 2024 at 2.6887993
Smart Scan Analysis for MTLGBP
Based on our trend formula, MTLGBP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.6909029 | 2.6923250 | 2.6844494 | 2.6907891 | -0.0001140 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6909029 | 2024-11-20 03:36:52 |