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Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

British Pound/Maltese Lira (FOREX:GBPMTL)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPMTL
Open High Low GBPMTL Price Change
0.363915 0.363915 0.363915 0.363915 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPMTL

long term down The long term trend has been DOWN since May 15th, 2019 at 0.377025

intermediate term up The intermediate term trend has been UP since Aug 25th, 2019 at 0.360190

short term up The short term trend has been UP since Aug 22nd, 2019 at 0.356695

Smart Scan Analysis for GBPMTL

Based on a pre-defined weighted trend formula for chart analysis, GBPMTL scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for GBPMTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.363915 0.363915 0.363915 0.363915 0.000000
Prev. Close Volume Bid Ask Time
0.363915 0.363060 0.364770 2019-08-25 09:16:36
Want to analyze British Pound/Maltese Lira GBPMTL or another symbol? Try our Free Forex Trend Analysis Report.