Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Maltese Lira/British Pound (FOREX:MTLGBP)
Strong Uptrend (+100) - MTLGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MTLGBP 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 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.
MarketClub’s Trade Triangles for MTLGBP
The long-term trend has been UP since Sep 20th, 2023 at 2.7598454
The intermediate-term trend has been UP since Aug 1st, 2023 at 2.6742475
The short-term trend has been UP since Oct 2nd, 2023 at 2.8164264
Smart Scan Analysis for MTLGBP
Based on our trend formula, MTLGBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).