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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Guatemalan Quetzal (FOREX:EURGTQ)
Crossroads (+60) - EURGTQ is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURGTQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURGTQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURGTQ
The long-term trend has been DOWN since Apr 14th, 2024 at 8.361
The intermediate-term trend has been UP since May 7th, 2024 at 8.351
The short-term trend has been UP since May 3rd, 2024 at 8.339
Smart Scan Analysis for EURGTQ
Based on our trend formula, EURGTQ is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.367 | 8.367 | 8.367 | 8.367 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.352 | 2024-05-07 21:05:08 |