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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

Euro/Guatemalan Quetzal (FOREX:EURGTQ)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURGTQ
Open High Low EURGTQ Price Change
8.5472 8.5472 8.5472 8.5472 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURGTQ

long term down The long term trend has been DOWN since May 13th, 2018 at 8.9631

intermediate term down The intermediate term trend has been DOWN since Aug 5th, 2018 at 8.7124

short term down The short term trend has been DOWN since Aug 2nd, 2018 at 8.7204

Smart Scan Analysis for EURGTQ

Based on a pre-defined weighted trend formula for chart analysis, EURGTQ scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for EURGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.5472 8.5472 8.5472 8.5472 0.0000
Prev. Close Volume Bid Ask Time
8.5472 8.3472 8.7472 2018-08-14 21:12:54
Want to analyze Euro/Guatemalan Quetzal EURGTQ or another symbol? Try our Free Forex Trend Analysis Report.