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Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Maltese Lira/British Pound (FOREX:MTLGBP)
Countertrend Down (-85) - MTLGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Jul 24th, 2020 at 2.6645710
The intermediate-term trend has been DOWN since Dec 16th, 2020 at 2.5228689
The short-term trend has been UP since Feb 25th, 2021 at 2.4415590
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 |
|---|---|---|---|---|
| 2.4540161 | 2.4540161 | 2.4540161 | 2.4540161 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.4540161 | 2021-02-28 02:41:54 |