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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.

FOREX_MTLGBP
Open High Low MTLGBP Price Change
2.4540161 2.4540161 2.4540161 2.4540161 0.0000000
Entry Signal

MarketClub’s Trade Triangles for MTLGBP

long term down The long-term trend has been DOWN since Jul 24th, 2020 at 2.6645710

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2020 at 2.5228689

short term up 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).

-85
Smart Scan Analysis for MTLGBP
Strong Downtrend Sideways 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
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