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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
British Pound/Maltese Lira (FOREX:GBPMTL)
Long-Term Downtrend (-90) - GBPMTL is in a strong downtrend that is likely to continue. While GBPMTL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for GBPMTL
The long-term trend has been DOWN since Apr 11th, 2024 at 0.36673688
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.37056546
The short-term trend has been DOWN since Apr 10th, 2024 at 0.36951970
Smart Scan Analysis for GBPMTL
Based on our trend formula, GBPMTL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.36374585 | 0.36522083 | 0.36224455 | 0.36238559 | -0.00136000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.36374585 | 2024-04-19 19:37:29 |