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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

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
0.10627137 0.10647763 0.10559502 0.10578374 -0.00048800
Entry Signal

MarketClub’s Trade Triangles for GTQGBP

long term up The long-term trend has been UP since Feb 20th, 2020 at 0.10173987

intermediate term up The intermediate-term trend has been UP since May 12th, 2020 at 0.10588894

short term down The short-term trend has been DOWN since May 19th, 2020 at 0.10623577

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
0.10627137 0.10647763 0.10559502 0.10578374 -0.00048800
Prev. Close Volume Bid Ask Time
0.10627137 0.10577082 0.10579666 2020-05-28 10:21:36
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