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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

British Pound/Maltese Lira (FOREX:GBPMTL)

Weak Downtrend (-65) - GBPMTL is showing signs of a strengthening downtrend. Monitor GBPMTL as it may be building momentum to the downside.

Is it time to buy, sell, or avoid GBPMTL?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMTL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPMTL
Open High Low GBPMTL Price Change
0.37972274 0.37972274 0.37972274 0.37972274 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GBPMTL

long term up The long-term trend has been UP since Jul 10th, 2024 at 0.37671875

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2024 at 0.38323996

short term down The short-term trend has been DOWN since Oct 22nd, 2024 at 0.38008858

Smart Scan Analysis for GBPMTL

Based on our trend formula, GBPMTL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPMTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37972274 0.37972274 0.37972274 0.37972274 0.00000000
Prev. Close Volume Bid Ask Time
0.37972274 2024-10-26 04:48:47
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