Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Guatemalan Quetzal/British Pound (FOREX:GTQGBP)
Strong Downtrend (-100) - GTQGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Jul 26th, 2020 at 0.10153558
The intermediate-term trend has been DOWN since Oct 12th, 2020 at 0.09848337
The short-term trend has been DOWN since Dec 3rd, 2020 at 0.09512353
Smart Scan Analysis for GTQGBP
Based on our trend formula, GTQGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).