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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.

FOREX_MTLGBP
Open High Low MTLGBP Price Change
2.8261249 2.8321264 2.8211936 2.8269775 +0.0008530
Entry Signal

MarketClub’s Trade Triangles for MTLGBP

long term up The long-term trend has been UP since Sep 20th, 2023 at 2.7598454

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2023 at 2.6742475

short term up 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).

+100
Smart Scan Analysis for MTLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8261249 2.8321264 2.8211936 2.8269775 +0.0008530
Prev. Close Volume Bid Ask Time
2.8261249 2023-10-03 17:16:17
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