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.
MarketClub’s Trade Triangles for EURGTQ
The long-term trend has been UP since Jul 16th, 2020 at 8.7400
The intermediate-term trend has been UP since Nov 8th, 2020 at 9.2264
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).