Forex Trend Analysis Report
Prepared for you on Tuesday, July 27, 2021.
Guatemalan Quetzal/British Pound (FOREX:GTQGBP)
Sidelines Mode (+55) - GTQGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GTQGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GTQGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GTQGBP
The long-term trend has been DOWN since Jul 26th, 2020 at 0.10153558
The intermediate-term trend has been UP since Jun 16th, 2021 at 0.09216785
The short-term trend has been DOWN since Jul 22nd, 2021 at 0.09376685
Smart Scan Analysis for GTQGBP
Based on our trend formula, GTQGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).