Forex Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
Euro/Guatemalan Quetzal (FOREX:EURGTQ)
Sidelines Mode (+50) - EURGTQ is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURGTQ can gain momentum.
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 UP since Aug 2nd, 2022 at 7.8584
The short-term trend has been UP since Aug 2nd, 2022 at 7.8584
Smart Scan Analysis for EURGTQ
Based on our trend formula, EURGTQ is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).