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Forex Trend Analysis Report

Prepared for you on Thursday, April 19, 2018.

British Pound/Guatemalan Quetzal (FOREX:GBPGTQ)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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.

Open High Low GBPGTQ Price Change
10.5160 10.5285 10.5160 10.5230 +0.0070
Entry Signal

MarketClub’s Trade Triangles for GBPGTQ

long term up The long term trend has been UP since Apr 28th, 2017 at 9.50525

intermediate term up The intermediate term trend has been UP since Mar 16th, 2018 at 10.39750

short term down The short term trend has been DOWN since Apr 18th, 2018 at 10.55450

Smart Scan Analysis for GBPGTQ

Based on a pre-defined weighted trend formula for chart analysis, GBPGTQ scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.5160 10.5285 10.5160 10.5230 +0.0070
Prev. Close Volume Bid Ask Time
10.5160 10.5230 10.5230 2018-04-19 05:24:40
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