Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

British Pound/Maltese Lira (FOREX:GBPMTL)

Countertrend Up (+85) - GBPMTL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.37841233 0.37877168 0.37841233 0.37877168 +0.00035900
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 up The intermediate-term trend has been UP since Jul 7th, 2024 at 0.37550399

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 0.37909441

Smart Scan Analysis for GBPMTL

Based on our trend formula, GBPMTL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for GBPMTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37841233 0.37877168 0.37841233 0.37877168 +0.00035900
Prev. Close Volume Bid Ask Time
0.37841233 2024-07-20 23:19:33
Get a free daily analysis and signals for British Pound/Maltese Lira (GBPMTL) - Request Your Free Report.