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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Guatemalan Quetzal/US Dollar (FOREX:GTQUSD)

Weak Uptrend (+65) - GTQUSD is showing signs of weakening momentum to the upside. Monitor GTQUSD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GTQUSD?

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

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

FOREX_GTQUSD
Open High Low GTQUSD Price Change
0.12876008 0.12876008 0.12853167 0.12853167 -0.00022800
Entry Signal

MarketClub’s Trade Triangles for GTQUSD

long term up The long-term trend has been UP since Nov 14th, 2023 at 0.12844094

intermediate term up The intermediate-term trend has been UP since May 2nd, 2024 at 0.12902159

short term down The short-term trend has been DOWN since May 7th, 2024 at 0.12876982

Smart Scan Analysis for GTQUSD

Based on our trend formula, GTQUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GTQUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12876008 0.12876008 0.12853167 0.12853167 -0.00022800
Prev. Close Volume Bid Ask Time
0.12870227 2024-05-07 21:05:08
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