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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

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, GTQEUR 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.

FOREX_GTQEUR
Open High Low GTQEUR Price Change
0.11805985 0.11805985 0.11805985 0.11805985 0.00000000
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 down The intermediate-term trend has been DOWN since Jul 4th, 2024 at 0.11932847

short term down The short-term trend has been DOWN since Jul 1st, 2024 at 0.12001629

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).

-100
Smart Scan Analysis for GTQEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11805985 0.11805985 0.11805985 0.11805985 0.00000000
Prev. Close Volume Bid Ask Time
0.11793447 2024-07-17 21:06:54
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