Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Guatemalan Quetzal/Euro (FOREX:GTQEUR)
Crossroads (-60) - GTQEUR is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Jul 9th, 2020 at 0.11506686
The intermediate-term trend has been UP since Jan 13th, 2021 at 0.10546094
The short-term trend has been UP since Feb 24th, 2021 at 0.10662871
Smart Scan Analysis for GTQEUR
Based on our trend formula, GTQEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).