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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Guatemalan Quetzal/Euro (FOREX:GTQEUR)

Crossroads (-60) - GTQEUR 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 GTQEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GTQEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GTQEUR
Open High Low GTQEUR Price Change
0.11958548 0.11958548 0.11958548 0.11958548 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GTQEUR

long term up The long-term trend has been UP since Apr 14th, 2024 at 0.11967139

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2024 at 0.11981486

short term down The short-term trend has been DOWN since May 3rd, 2024 at 0.11998747

Smart Scan Analysis for GTQEUR

Based on our trend formula, GTQEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GTQEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11958548 0.11958548 0.11958548 0.11958548 0.00000000
Prev. Close Volume Bid Ask Time
0.11980050 2024-05-07 21:05:08
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