Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)
Strong Downtrend (-100) - USDGTQ 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 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 DOWN since Feb 7th, 2021 at 7.756125
The intermediate-term trend has been DOWN since Jan 18th, 2021 at 7.793425
The short-term trend has been DOWN since Feb 22nd, 2021 at 7.735994
Smart Scan Analysis for USDGTQ
Based on our trend formula, USDGTQ is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).