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Forex Trend Analysis Report
Prepared for you on Wednesday, May 31, 2023.
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.
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MarketClub’s Trade Triangles for GBPGTQ
The long-term trend has been UP since Apr 4th, 2023 at 9.760249
The intermediate-term trend has been DOWN since May 22nd, 2023 at 9.667376
The short-term trend has been UP since May 29th, 2023 at 9.673266
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.684129 | 9.691517 | 9.654306 | 9.661146 | -0.022983 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.684129 | 2023-05-31 07:05:48 |