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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

Open High Low USDGTQ Price Change
7.6685 7.6685 7.6685 7.6685 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 Aug 30th, 2018 at 7.53995

short term down The short term trend has been DOWN since Oct 9th, 2018 at 7.68050

Smart Scan Analysis for USDGTQ

Based on a pre-defined weighted trend formula for chart analysis, USDGTQ scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.6685 7.6685 7.6685 7.6685 0.0000
Prev. Close Volume Bid Ask Time
7.6685 7.4946 7.8424 2018-10-09 21:28:02
Want to analyze US Dollar/Guatemalan Quetzal USDGTQ or another symbol? Try our Free Forex Trend Analysis Report.