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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

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.

FOREX_GTQEUR
Open High Low GTQEUR Price Change
0.12709517 0.12709517 0.12709517 0.12709517 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GTQEUR

long term up The long-term trend has been UP since Aug 9th, 2021 at 0.10970429

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2022 at 0.12733485

short term up The short-term trend has been UP since Aug 18th, 2022 at 0.12651914

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).

-55
Smart Scan Analysis for GTQEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12709517 0.12709517 0.12709517 0.12709517 0.00000000
Prev. Close Volume Bid Ask Time
0.12709517 2022-08-18 21:09:28
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