Forex Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
Maltese Lira/British Pound (FOREX:MTLGBP)
Strong Downtrend (-100) - MTLGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MTLGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTLGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MTLGBP
The long-term trend has been DOWN since Jul 24th, 2020 at 2.6645710
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 2.4528186
The short-term trend has been DOWN since May 17th, 2021 at 2.4196692
Smart Scan Analysis for MTLGBP
Based on our trend formula, MTLGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).