Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Guatemalan Quetzal/British Pound (FOREX:GTQGBP)
Bull Market Weakness (+75) - GTQGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GTQGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GTQGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GTQGBP.
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 GTQGBP
The long-term trend has been UP since Apr 1st, 2024 at 0.10221699
The intermediate-term trend has been UP since Mar 27th, 2024 at 0.10155494
The short-term trend has been UP since May 7th, 2024 at 0.10285459
Smart Scan Analysis for GTQGBP
Based on our trend formula, GTQGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10287810 | 0.10315246 | 0.10276412 | 0.10294396 | +0.00006600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10287810 | 2024-05-08 23:01:26 |