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.
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MarketClub’s Trade Triangles for GTQUSD
The long-term trend has been UP since Nov 14th, 2023 at 0.12844094
The intermediate-term trend has been UP since May 2nd, 2024 at 0.12902159
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).
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 |