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Forex Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

Euro/Guatemalan Quetzal (FOREX:EURGTQ)

Long-Term Downtrend (-90) - EURGTQ is in a strong downtrend that is likely to continue. While EURGTQ is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EURGTQ?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURGTQ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURGTQ
Open High Low EURGTQ Price Change
8.7385 8.7385 8.7385 8.7385 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURGTQ

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 9.1198

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2021 at 9.1012

short term down The short-term trend has been DOWN since Nov 10th, 2021 at 8.9729

Smart Scan Analysis for EURGTQ

Based on our trend formula, EURGTQ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.7385 8.7385 8.7385 8.7385 0.0000
Prev. Close Volume Bid Ask Time
8.7385 2021-11-29 07:26:07
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