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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Guatemalan Quetzal/British Pound (FOREX:GTQGBP)

Sidelines Mode (-55) - GTQGBP 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 GTQGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for GTQGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GTQGBP
Open High Low GTQGBP Price Change
0.10024402 0.10041709 0.10016654 0.10031740 +0.00007300
Entry Signal

MarketClub’s Trade Triangles for GTQGBP

long term down The long-term trend has been DOWN since Jul 11th, 2024 at 0.09988529

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.10040053

short term up The short-term trend has been UP since Jul 19th, 2024 at 0.09962276

Smart Scan Analysis for GTQGBP

Based on our trend formula, GTQGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GTQGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10024402 0.10041709 0.10016654 0.10031740 +0.00007300
Prev. Close Volume Bid Ask Time
0.10024402 2024-07-26 19:43:30
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