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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Guatemalan Quetzal (FOREX:GBPGTQ)
Strong Downtrend (-100) - GBPGTQ is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPGTQ continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPGTQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPGTQ.
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 GBPGTQ
The long-term trend has been DOWN since Apr 1st, 2024 at 9.783110
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 9.846887
The short-term trend has been DOWN since May 7th, 2024 at 9.722541
Smart Scan Analysis for GBPGTQ
Based on our trend formula, GBPGTQ is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.715423 | 9.716434 | 9.695598 | 9.698475 | -0.016948 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.715423 | 2024-05-09 05:23:18 |