Forex Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
Guatemalan Quetzal/British Pound (FOREX:GTQGBP)
Long-Term Uptrend (+90) - GTQGBP is in a strong uptrend that is likely to continue. While GTQGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for GTQGBP
The long-term trend has been UP since Sep 28th, 2021 at 0.09507850
The intermediate-term trend has been UP since Nov 4th, 2021 at 0.09519419
The short-term trend has been UP since Dec 3rd, 2021 at 0.09777353
Smart Scan Analysis for GTQGBP
Based on our trend formula, GTQGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).