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Forex Trend Analysis Report

Prepared for you on Sunday, December 22, 2024.

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.

FOREX_GBPGTQ
Open High Low GBPGTQ Price Change
9.643932 9.650455 9.643932 9.650455 +0.006523
Entry Signal

MarketClub’s Trade Triangles for GBPGTQ

long term down The long-term trend has been DOWN since Nov 14th, 2024 at 9.767827

intermediate term down The intermediate-term trend has been DOWN since Dec 19th, 2024 at 9.638809

short term up The short-term trend has been UP since Dec 19th, 2024 at 9.813931

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).

-75
Smart Scan Analysis for GBPGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.643932 9.650455 9.643932 9.650455 +0.006523
Prev. Close Volume Bid Ask Time
9.643932 2024-12-22 13:23:16
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