Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Euro/Guatemalan Quetzal (FOREX:EURGTQ)
Crossroads (+60) - EURGTQ is struggling to move into a solid trend. Beware of choppy markets 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.
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 DOWN since Jan 13th, 2021 at 9.4864
The short-term trend has been DOWN since Feb 24th, 2021 at 9.3826
Smart Scan Analysis for EURGTQ
Based on our trend formula, EURGTQ is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).