Forex Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
Guatemalan Quetzal/British Pound (FOREX:GTQGBP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for GTQGBP
The long term trend has been UP since Dec 10th, 2018 at 0.10319
The intermediate term trend has been DOWN since Jan 11th, 2019 at 0.10096
The short term trend has been UP since Jan 15th, 2019 at 0.10159
Smart Scan Analysis for GTQGBP
Based on a pre-defined weighted trend formula for chart analysis, GTQGBP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).