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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Guatemalan Quetzal/Euro (FOREX:GTQEUR)

Sidelines Mode (+50) - GTQEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GTQEUR can gain momentum.

Is it time to buy, sell, or avoid GTQEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GTQEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GTQEUR
Open High Low GTQEUR Price Change
0.1194854 0.1194854 0.1194854 0.1194854 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GTQEUR

long term down The long-term trend has been DOWN since Jul 15th, 2024 at 0.11819947

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2024 at 0.11662709

short term up The short-term trend has been UP since Oct 1st, 2024 at 0.11604481

Smart Scan Analysis for GTQEUR

Based on our trend formula, GTQEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GTQEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1194854 0.1194854 0.1194854 0.1194854 0.0000000
Prev. Close Volume Bid Ask Time
0.1194997 2024-10-23 00:25:57
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