Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Guatemalan Quetzal/Euro (FOREX:GTQEUR)
Sidelines Mode (+55) - GTQEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for GTQEUR
The long-term trend has been UP since Aug 9th, 2021 at 0.10970429
The intermediate-term trend has been UP since Sep 21st, 2021 at 0.10992871
The short-term trend has been DOWN since Oct 19th, 2021 at 0.11137163
Smart Scan Analysis for GTQEUR
Based on our trend formula, GTQEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).