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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Maltese Lira/British Pound (FOREX:MTLGBP)

Sidelines Mode (+55) - MTLGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
2.7854162 2.7893514 2.7686496 2.7688465 -0.0165700
Entry Signal

MarketClub’s Trade Triangles for MTLGBP

long term up The long-term trend has been UP since Feb 28th, 2020 at 2.6734394

intermediate term up The intermediate-term trend has been UP since May 12th, 2020 at 2.7856138

short term down The short-term trend has been DOWN since May 26th, 2020 at 2.7937178

Smart Scan Analysis for MTLGBP

Based on our trend formula, MTLGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MTLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7854162 2.7893514 2.7686496 2.7688465 -0.0165700
Prev. Close Volume Bid Ask Time
2.7854162 2.7623579 2.7753351 2020-05-28 12:31:25
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