Forex Trend Analysis Report
Prepared for you on Saturday, September 30, 2023.
Guatemalan Quetzal/Euro (FOREX:GTQEUR)
Bull Market Weakness (+75) - GTQEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GTQEUR as it may be in the beginning stages of a reversal.
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 Sep 30th, 2023 at 0.11949969
The intermediate-term trend has been UP since Jul 31st, 2023 at 0.11500330
The short-term trend has been UP since Sep 10th, 2023 at 0.11790664
Smart Scan Analysis for GTQEUR
Based on our trend formula, GTQEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).