Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Guatemalan Quetzal/British Pound (FOREX:GTQGBP)
Bull Market Weakness (+75) - GTQGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GTQGBP as it may be in the beginning stages of a reversal.
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 20th, 2023 at 0.10321971
The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 0.10332405
The short-term trend has been UP since Dec 5th, 2023 at 0.10122710
Smart Scan Analysis for GTQGBP
Based on our trend formula, GTQGBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).