Forex Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
Maltese Lira/British Pound (FOREX:MTLGBP)
Weak Uptrend (+65) - MTLGBP is showing signs of weakening momentum to the upside. Monitor MTLGBP as it may be in the beginning stages of a reversal.
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 Jul 19th, 2021 at 2.4976326
The intermediate-term trend has been DOWN since Jul 27th, 2022 at 2.8069376
The short-term trend has been UP since Aug 3rd, 2022 at 2.8131701
Smart Scan Analysis for MTLGBP
Based on our trend formula, MTLGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).