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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

British Pound/Guatemalan Quetzal (FOREX:GBPGTQ)

Long-Term Uptrend (+90) - GBPGTQ is in a strong uptrend that is likely to continue. While GBPGTQ is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid GBPGTQ?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPGTQ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPGTQ
Open High Low GBPGTQ Price Change
10.077286 10.084455 10.060352 10.066103 -0.011183
Entry Signal

MarketClub’s Trade Triangles for GBPGTQ

long term up The long-term trend has been UP since Jul 11th, 2024 at 10.011484

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2024 at 9.960106

short term up The short-term trend has been UP since Jul 15th, 2024 at 10.084828

Smart Scan Analysis for GBPGTQ

Based on our trend formula, GBPGTQ is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.077286 10.084455 10.060352 10.066103 -0.011183
Prev. Close Volume Bid Ask Time
10.077286 2024-07-18 13:27:13
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