Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Euro/Guatemalan Quetzal (FOREX:EURGTQ)
Countertrend Down (-85) - EURGTQ is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Aug 9th, 2021 at 9.1198
The intermediate-term trend has been DOWN since Sep 21st, 2021 at 9.1012
The short-term trend has been UP since Oct 19th, 2021 at 8.9834
Smart Scan Analysis for EURGTQ
Based on our trend formula, EURGTQ is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).