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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Euro/Guatemalan Quetzal (FOREX:EURGTQ)

Strong Downtrend (-100) - EURGTQ is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURGTQ continues to fall. Traders should use caution 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.

FOREX_EURGTQ
Open High Low EURGTQ Price Change
8.242 8.242 8.242 8.242 0.000
Entry Signal

MarketClub’s Trade Triangles for EURGTQ

long term down The long-term trend has been DOWN since Nov 11th, 2024 at 8.374

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2024 at 8.579

short term down The short-term trend has been DOWN since Oct 1st, 2024 at 8.622

Smart Scan Analysis for EURGTQ

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

-100
Smart Scan Analysis for EURGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.242 8.242 8.242 8.242 0.000
Prev. Close Volume Bid Ask Time
8.169 2024-11-11 07:25:28
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