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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Maltese Lira/British Pound (FOREX:MTLGBP)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_MTLGBP
Open High Low MTLGBP Price Change
2.6876 2.6876 2.6847 2.6847 -0.0029
Entry Signal

MarketClub’s Trade Triangles for MTLGBP

long term up The long term trend has been UP since May 15th, 2019 at 2.65235

intermediate term up The intermediate term trend has been UP since May 15th, 2019 at 2.65235

short term up The short term trend has been UP since May 8th, 2019 at 2.61765

Smart Scan Analysis for MTLGBP

Based on a pre-defined weighted trend formula for chart analysis, MTLGBP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for MTLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6876 2.6876 2.6847 2.6847 -0.0029
Prev. Close Volume Bid Ask Time
2.6876 2.6784 2.6910 2019-05-25 23:14:48
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