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Forex Trend Analysis Report

Prepared for you on Saturday, June 10, 2023.

US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)

Countertrend Up (+85) - USDGTQ is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
7.825219 7.825219 7.825219 7.825219 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDGTQ

long term up The long-term trend has been UP since Jun 7th, 2023 at 7.833702

intermediate term up The intermediate-term trend has been UP since May 4th, 2023 at 7.804012

short term up The short-term trend has been UP since May 23rd, 2023 at 7.803118

Smart Scan Analysis for USDGTQ

Based on our trend formula, USDGTQ is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.825219 7.825219 7.825219 7.825219 0.000000
Prev. Close Volume Bid Ask Time
7.825219 2023-06-09 07:26:41
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