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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Myanmar Kyat/British Pound (FOREX:MMKGBP)

Weak Uptrend (+65) - MMKGBP is showing signs of weakening momentum to the upside. Monitor MMKGBP as it may be in the beginning stages of a reversal.

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

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

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

FOREX_MMKGBP
Open High Low MMKGBP Price Change
0.00038170 0.00038189 0.00038170 0.00038189 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MMKGBP

long term up The long-term trend has been UP since Apr 12th, 2024 at 0.00037983

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00037506

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 0.00038241

Smart Scan Analysis for MMKGBP

Based on our trend formula, MMKGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MMKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00038170 0.00038189 0.00038170 0.00038189 0.00000000
Prev. Close Volume Bid Ask Time
0.00038298 2024-04-18 21:07:19
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