Forex Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
British Pound/Guatemalan Quetzal (FOREX:GBPGTQ)
Bear Market Rally (-75) - GBPGTQ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPGTQ as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for GBPGTQ
The long-term trend has been DOWN since Sep 20th, 2023 at 9.688072
The intermediate-term trend has been UP since Nov 3rd, 2023 at 9.678288
The short-term trend has been DOWN since Dec 5th, 2023 at 9.878778
Smart Scan Analysis for GBPGTQ
Based on our trend formula, GBPGTQ is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).