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Forex Trend Analysis Report

Prepared for you on Saturday, March 2, 2024.

British Pound/Guatemalan Quetzal (FOREX:GBPGTQ)

Crossroads (+60) - GBPGTQ is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_GBPGTQ
Open High Low GBPGTQ Price Change
9.854374 9.882644 9.854374 9.882644 +0.028270
Entry Signal

MarketClub’s Trade Triangles for GBPGTQ

long term up The long-term trend has been UP since Dec 27th, 2023 at 10.010815

intermediate term down The intermediate-term trend has been DOWN since Jan 31st, 2024 at 9.864514

short term down The short-term trend has been DOWN since Feb 27th, 2024 at 9.892850

Smart Scan Analysis for GBPGTQ

Based on our trend formula, GBPGTQ is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for GBPGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.854374 9.882644 9.854374 9.882644 +0.028270
Prev. Close Volume Bid Ask Time
9.854374 2024-03-02 15:51:15
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