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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Euro/Guatemalan Quetzal (FOREX:EURGTQ)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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_EURGTQ
Open High Low EURGTQ Price Change
8.5607 8.5607 8.5607 8.5607 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURGTQ

long term down The long term trend has been DOWN since Mar 10th, 2019 at 8.7078

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2019 at 8.6239

short term up The short term trend has been UP since Aug 7th, 2019 at 8.5774

Smart Scan Analysis for EURGTQ

Based on a pre-defined weighted trend formula for chart analysis, EURGTQ scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for EURGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.5607 8.5607 8.5607 8.5607 0.0000
Prev. Close Volume Bid Ask Time
8.5018 8.3607 8.7607 2019-08-15 21:07:37
Want to analyze Euro/Guatemalan Quetzal EURGTQ or another symbol? Try our Free Forex Trend Analysis Report.