Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)

Crossroads (-60) - USDGTQ 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 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.

FOREX_USDGTQ
Open High Low USDGTQ Price Change
7.688376 7.688376 7.688376 7.688376 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDGTQ

long term up The long-term trend has been UP since Apr 7th, 2020 at 7.719586

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2020 at 7.685392

short term down The short-term trend has been DOWN since May 20th, 2020 at 7.688243

Smart Scan Analysis for USDGTQ

Based on our trend formula, USDGTQ is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.688376 7.688376 7.688376 7.688376 0.000000
Prev. Close Volume Bid Ask Time
7.688376 7.505830 7.870922 2020-05-26 07:14:35
Get a free daily analysis and signals for US Dollar/Guatemalan Quetzal (USDGTQ) - Request Your Free Report.