Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
British Pound/Maltese Lira (FOREX:GBPMTL)
Bull Market Weakness (+75) - GBPMTL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPMTL as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for GBPMTL
The long-term trend has been UP since Jul 24th, 2020 at 0.37529700
The intermediate-term trend has been UP since Dec 16th, 2020 at 0.39637632
The short-term trend has been DOWN since Feb 25th, 2021 at 0.40957663
Smart Scan Analysis for GBPMTL
Based on our trend formula, GBPMTL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).