Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
British Pound/Guatemalan Quetzal (FOREX:GBPGTQ)
Weak Downtrend (-65) - GBPGTQ is showing signs of a strengthening downtrend. Monitor GBPGTQ as it may be building momentum to the downside.
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 Feb 20th, 2020 at 9.828989
The intermediate-term trend has been DOWN since May 12th, 2020 at 9.443858
The short-term trend has been UP since May 26th, 2020 at 9.432178
Smart Scan Analysis for GBPGTQ
Based on our trend formula, GBPGTQ is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).