Let P and Q be nonzero integers. Generalized Fibonacci and Lucas sequences are defined as follows: U 0 = 0, U 1 = 1, and U n+1 = PU n + QU n−1 for n ≥ 1 and V 0 = 2, V 1 = P, and V n+1 = PV n + QV n−1 for n ≥ 1, respectively. For all odd relatively prime values of P and Q such that P ≥ 1, we determine all indices n and m such that Vn = wVmx 2 or VnVm = wx 2 with w = 1, 2, 3 or 6 under the assumptions P 2 + 4Q > 0 and Vm = 1 for all positive integers m.