Forex Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for USDGTQ
The long term trend has been UP since Dec 5th, 2017 at 7.35210
The intermediate term trend has been UP since Dec 4th, 2018 at 7.75925
The short term trend has been UP since Dec 4th, 2018 at 7.72060
Smart Scan Analysis for USDGTQ
Based on a pre-defined weighted trend formula for chart analysis, USDGTQ scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).