Forex Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
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.
MarketClub’s Trade Triangles for GBPGTQ
The long-term trend has been UP since Jul 26th, 2020 at 9.848765
The intermediate-term trend has been UP since Jul 20th, 2020 at 9.750284
The short-term trend has been UP since Jul 20th, 2020 at 9.715110
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).