Forex Trend Analysis Report
Prepared for you on Thursday, May 13, 2021.
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.
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 UP since Apr 18th, 2021 at 7.734196
The short-term trend has been UP since Apr 7th, 2021 at 7.712894
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).