Forex Trend Analysis Report
Prepared for you on Monday, November 23, 2020.
Guatemalan Quetzal/Euro (FOREX:GTQEUR)
Strong Downtrend (-100) - GTQEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Jul 9th, 2020 at 0.11506686
The intermediate-term trend has been DOWN since Nov 8th, 2020 at 0.10843559
The short-term trend has been DOWN since Nov 8th, 2020 at 0.10962007
Smart Scan Analysis for GTQEUR
Based on our trend formula, GTQEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).