Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2019.

Euro/Guatemalan Quetzal (FOREX:EURGTQ)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_EURGTQ
Open High Low EURGTQ Price Change
8.5329 8.5329 8.5329 8.5329 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 Nov 10th, 2019 at 8.5739

short term up The short term trend has been UP since Dec 12th, 2019 at 8.5204

Smart Scan Analysis for EURGTQ

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

-55
Smart Scan Analysis for EURGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.5329 8.5329 8.5329 8.5329 0.0000
Prev. Close Volume Bid Ask Time
8.5329 8.3329 8.7329 2019-12-12 07:31:24
Want to analyze Euro/Guatemalan Quetzal EURGTQ or another symbol? Try our Free Forex Trend Analysis Report.