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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.

FOREX_USDGTQ
Open High Low USDGTQ Price Change
7.7083 7.7083 7.7083 7.7083 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDGTQ

long term up The long term trend has been UP since Dec 5th, 2017 at 7.35210

intermediate term up The intermediate term trend has been UP since Dec 4th, 2018 at 7.75925

short term up 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).

+70
Smart Scan Analysis for USDGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.7083 7.7083 7.7083 7.7083 0.0000
Prev. Close Volume Bid Ask Time
7.7083 7.5330 7.8836 2018-12-09 20:46:46
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