Forex Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
Guatemalan Quetzal/US Dollar (FOREX:GTQUSD)
Sidelines Mode (+55) - GTQUSD 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 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 14th, 2023 at 0.12844094
The intermediate-term trend has been UP since Nov 14th, 2023 at 0.12844094
The short-term trend has been DOWN since Nov 21st, 2023 at 0.12773708
Smart Scan Analysis for GTQUSD
Based on our trend formula, GTQUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).