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Forex Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

Euro/Guatemalan Quetzal (FOREX:EURGTQ)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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
8.8215 8.8215 8.8215 8.8215 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURGTQ

long term up The long term trend has been UP since Sep 9th, 2018 at 8.8595

intermediate term down The intermediate term trend has been DOWN since Oct 4th, 2018 at 8.8623

short term down The short term trend has been DOWN since Sep 27th, 2018 at 9.0699

Smart Scan Analysis for EURGTQ

Based on a pre-defined weighted trend formula for chart analysis, EURGTQ scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.8215 8.8215 8.8215 8.8215 0.0000
Prev. Close Volume Bid Ask Time
8.8215 8.6215 9.0215 2018-10-09 21:28:02
Want to analyze Euro/Guatemalan Quetzal EURGTQ or another symbol? Try our Free Forex Trend Analysis Report.