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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Guatemalan Quetzal (FOREX:GBPGTQ)
Long-Term Downtrend (-90) - GBPGTQ is in a strong downtrend that is likely to continue. While GBPGTQ is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for GBPGTQ
The long-term trend has been DOWN since Nov 14th, 2024 at 9.767827
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 10.118451
The short-term trend has been DOWN since Nov 11th, 2024 at 9.946933
Smart Scan Analysis for GBPGTQ
Based on our trend formula, GBPGTQ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.759669 | 9.779669 | 9.756169 | 9.764746 | +0.005077 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.759669 | 2024-11-20 03:23:13 |