Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
British Pound/Guatemalan Quetzal (FOREX:GBPGTQ)
Sidelines Mode (+55) - GBPGTQ is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
MarketClub’s Trade Triangles for GBPGTQ
The long-term trend has been UP since Jul 26th, 2020 at 9.848765
The intermediate-term trend has been UP since Oct 12th, 2020 at 10.153999
The short-term trend has been DOWN since Feb 25th, 2021 at 10.806271
Smart Scan Analysis for GBPGTQ
Based on our trend formula, GBPGTQ is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).