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Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)
Sidelines Mode (+55) - USDGTQ is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for USDGTQ
The long-term trend has been UP since Jun 23rd, 2021 at 7.742029
The intermediate-term trend has been UP since Oct 19th, 2021 at 7.739515
The short-term trend has been DOWN since Oct 23rd, 2021 at 7.737129
Smart Scan Analysis for USDGTQ
Based on our trend formula, USDGTQ is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.734246 | 7.734246 | 7.734246 | 7.734246 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.734246 | 2021-10-23 18:50:31 |