Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
Guatemalan Quetzal/British Pound (FOREX:GTQGBP)
Bear Market Rally (-75) - GTQGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GTQGBP as it may be in the beginning 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 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 Mar 9th, 2021 at 0.09304988
Smart Scan Analysis for GTQGBP
Based on our trend formula, GTQGBP is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).