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Forex Trend Analysis Report

Prepared for you on Saturday, December 5, 2020.

Euro/Guatemalan Quetzal (FOREX:EURGTQ)

Countertrend Up (+85) - EURGTQ is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_EURGTQ
Open High Low EURGTQ Price Change
9.5157 9.5157 9.5157 9.5157 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURGTQ

long term up The long-term trend has been UP since Jul 16th, 2020 at 8.7400

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2020 at 9.2264

short term up The short-term trend has been UP since Nov 8th, 2020 at 9.1268

Smart Scan Analysis for EURGTQ

Based on our trend formula, EURGTQ is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.5157 9.5157 9.5157 9.5157 0.0000
Prev. Close Volume Bid Ask Time
9.5157 2020-12-04 07:18:22
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