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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Euro/Guatemalan Quetzal (FOREX:EURGTQ)

Bear Market Rally (-75) - EURGTQ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURGTQ as it may be in the beginning of a reversal.

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.

FOREX_EURGTQ
Open High Low EURGTQ Price Change
8.308 8.308 8.308 8.308 0.000
Entry Signal

MarketClub’s Trade Triangles for EURGTQ

long term down The long-term trend has been DOWN since Apr 14th, 2024 at 8.361

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 8.463

short term up The short-term trend has been UP since Apr 24th, 2024 at 8.304

Smart Scan Analysis for EURGTQ

Based on our trend formula, EURGTQ is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.308 8.308 8.308 8.308 0.000
Prev. Close Volume Bid Ask Time
8.308 2024-04-24 21:01:00
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