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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

British Pound/Guatemalan Quetzal (FOREX:GBPGTQ)

Countertrend Down (-85) - GBPGTQ is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
9.722643 9.753483 9.717856 9.720266 -0.002377
Entry Signal

MarketClub’s Trade Triangles for GBPGTQ

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 9.783110

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 9.846887

short term up The short-term trend has been UP since Apr 24th, 2024 at 9.675810

Smart Scan Analysis for GBPGTQ

Based on our trend formula, GBPGTQ is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GBPGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.722643 9.753483 9.717856 9.720266 -0.002377
Prev. Close Volume Bid Ask Time
9.722643 2024-04-26 10:08:36
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