Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Guatemalan Quetzal/US Dollar (FOREX:GTQUSD)
Bull Market Weakness (+75) - GTQUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GTQUSD as it may be in the beginning stages of a reversal.
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 UP since Nov 6th, 2022 at 0.12945990
The intermediate-term trend has been UP since Feb 1st, 2023 at 0.12745433
The short-term trend has been UP since Mar 7th, 2023 at 0.12813417
Smart Scan Analysis for GTQUSD
Based on our trend formula, GTQUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).