Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Guatemalan Quetzal/US Dollar (FOREX:GTQUSD)
Crossroads (-60) - GTQUSD 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 GTQUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GTQUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GTQUSD
The long-term trend has been DOWN since Apr 7th, 2020 at 0.12961107
The intermediate-term trend has been UP since May 20th, 2020 at 0.13019181
The short-term trend has been UP since May 20th, 2020 at 0.13014415
Smart Scan Analysis for GTQUSD
Based on our trend formula, GTQUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).