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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.

FOREX_GTQGBP
Open High Low GTQGBP Price Change
0.09606123 0.09609855 0.09479476 0.09479476 -0.00126600
Entry Signal

MarketClub’s Trade Triangles for GTQGBP

long term down The long-term trend has been DOWN since Jul 26th, 2020 at 0.10153558

intermediate term down The intermediate-term trend has been DOWN since Oct 12th, 2020 at 0.09848337

short term down 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).

-100
Smart Scan Analysis for GTQGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09606123 0.09609855 0.09479476 0.09479476 -0.00126600
Prev. Close Volume Bid Ask Time
0.09606123 2020-12-03 11:03:27
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