Forex Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
Guatemalan Quetzal/British Pound (FOREX:GTQGBP)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 GTQGBP
The long term trend has been DOWN since Feb 26th, 2019 at 0.097933
The intermediate term trend has been UP since Mar 10th, 2019 at 0.100300
The short term trend has been DOWN since Mar 25th, 2019 at 0.098511
Smart Scan Analysis for GTQGBP
Based on a pre-defined weighted trend formula for chart analysis, GTQGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).