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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.

FOREX_USDGTQ
Open High Low USDGTQ Price Change
7.721822 7.737456 7.721822 7.737456 +0.015634
Entry Signal

MarketClub’s Trade Triangles for USDGTQ

long term down The long-term trend has been DOWN since Feb 7th, 2021 at 7.756125

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2021 at 7.734196

short term up 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).

+50
Smart Scan Analysis for USDGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.721822 7.737456 7.721822 7.737456 +0.015634
Prev. Close Volume Bid Ask Time
7.721822 2021-05-11 23:49:14
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