Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, August 12, 2022.

US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)

Countertrend Down (-85) - USDGTQ is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
7.738595 7.738595 7.738595 7.738595 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDGTQ

long term down The long-term trend has been DOWN since Mar 31st, 2022 at 7.683778

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2022 at 7.747960

short term up The short-term trend has been UP since Aug 5th, 2022 at 7.737044

Smart Scan Analysis for USDGTQ

Based on our trend formula, USDGTQ is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for USDGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.738595 7.738595 7.738595 7.738595 0.000000
Prev. Close Volume Bid Ask Time
7.738595 2022-08-10 07:20:32
Get a free daily analysis and signals for US Dollar/Guatemalan Quetzal (USDGTQ) - Request Your Free Report.