Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2019.
British Pound/Guatemalan Quetzal (FOREX:GBPGTQ)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GBPGTQ
The long term trend has been UP since Feb 26th, 2019 at 10.2110
The intermediate term trend has been DOWN since Mar 10th, 2019 at 9.9702
The short term trend has been UP since Mar 13th, 2019 at 10.2140
Smart Scan Analysis for GBPGTQ
Based on a pre-defined weighted trend formula for chart analysis, GBPGTQ scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).