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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Euro/Guatemalan Quetzal (FOREX:EURGTQ)

Sidelines Mode (+55) - EURGTQ is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
8.4235 8.4235 8.4235 8.4235 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURGTQ

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 8.2488

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 8.4364

short term down The short-term trend has been DOWN since May 24th, 2020 at 8.4294

Smart Scan Analysis for EURGTQ

Based on our trend formula, EURGTQ is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.4235 8.4235 8.4235 8.4235 0.0000
Prev. Close Volume Bid Ask Time
8.4235 8.2235 8.6235 2020-05-26 07:14:35
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