Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
British Pound/Guatemalan Quetzal (FOREX:GBPGTQ)
Bull Market Weakness (+75) - GBPGTQ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPGTQ as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for GBPGTQ
The long-term trend has been DOWN since Sep 28th, 2021 at 10.517625
The intermediate-term trend has been UP since Oct 17th, 2021 at 10.658068
The short-term trend has been UP since Oct 13th, 2021 at 10.572249
Smart Scan Analysis for GBPGTQ
Based on our trend formula, GBPGTQ is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).