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Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)

Sidelines Mode (+50) - USDGTQ is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDGTQ can gain momentum.

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
7.838276 7.850964 7.838276 7.850964 +0.012688
Entry Signal

MarketClub’s Trade Triangles for USDGTQ

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 7.790188

intermediate term up The intermediate-term trend has been UP since Dec 3rd, 2023 at 7.848006

short term up The short-term trend has been UP since Nov 21st, 2023 at 7.832922

Smart Scan Analysis for USDGTQ

Based on our trend formula, USDGTQ is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for USDGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.838276 7.850964 7.838276 7.850964 +0.012688
Prev. Close Volume Bid Ask Time
7.838276 2023-12-03 20:55:49
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