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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDGTQ
Open High Low USDGTQ Price Change
7.712427 7.712427 7.712427 7.712427 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDGTQ

long term down The long term trend has been DOWN since Dec 10th, 2019 at 7.668200

intermediate term up The intermediate term trend has been UP since Dec 22nd, 2019 at 7.704456

short term down The short term trend has been DOWN since Jan 12th, 2020 at 7.711650

Smart Scan Analysis for USDGTQ

Based on a pre-defined weighted trend formula for chart analysis, USDGTQ scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.712427 7.712427 7.712427 7.712427 0.000000
Prev. Close Volume Bid Ask Time
7.712427 7.532851 7.892003 2020-01-16 21:12:49
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