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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

British Pound/Guatemalan Quetzal (FOREX:GBPGTQ)

Bear Market Rally (-75) - GBPGTQ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPGTQ as it may be in the beginning of a reversal.

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
9.372154 9.379233 9.298200 9.336300 -0.035854
Entry Signal

MarketClub’s Trade Triangles for GBPGTQ

long term down The long-term trend has been DOWN since Sep 28th, 2021 at 10.517625

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 9.429069

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 9.370677

Smart Scan Analysis for GBPGTQ

Based on our trend formula, GBPGTQ is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GBPGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.372154 9.379233 9.298200 9.336300 -0.035854
Prev. Close Volume Bid Ask Time
9.372154 2022-08-16 22:04:14
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