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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)

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

Is it time to buy, sell, or avoid USDGTQ?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDGTQ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDGTQ
Open High Low USDGTQ Price Change
7.773539 7.773539 7.773539 7.773539 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDGTQ

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 7.790188

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2024 at 7.809390

short term up The short-term trend has been UP since Apr 26th, 2024 at 7.765498

Smart Scan Analysis for USDGTQ

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

-75
Smart Scan Analysis for USDGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.773539 7.773539 7.773539 7.773539 0.000000
Prev. Close Volume Bid Ask Time
7.773539 2024-04-26 07:26:05
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