Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
Guatemalan Quetzal/US Dollar (FOREX:GTQUSD)
Strong Downtrend (-100) - GTQUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 Aug 19th, 2020 at 0.12934367
The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 0.12818918
The short-term trend has been DOWN since Nov 23rd, 2020 at 0.12818918
Smart Scan Analysis for GTQUSD
Based on our trend formula, GTQUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).