Forex Trend Analysis Report
Prepared for you on Saturday, June 10, 2023.
US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)
Countertrend Up (+85) - USDGTQ is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid USDGTQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDGTQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDGTQ
The long-term trend has been UP since Jun 7th, 2023 at 7.833702
The intermediate-term trend has been UP since May 4th, 2023 at 7.804012
The short-term trend has been UP since May 23rd, 2023 at 7.803118
Smart Scan Analysis for USDGTQ
Based on our trend formula, USDGTQ is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).