Forex Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)
Bull Market Weakness (+75) - USDGTQ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDGTQ as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for USDGTQ
The long-term trend has been UP since Aug 19th, 2020 at 7.735663
The intermediate-term trend has been UP since Aug 10th, 2020 at 7.697714
The short-term trend has been UP since Aug 10th, 2020 at 7.697714
Smart Scan Analysis for USDGTQ
Based on our trend formula, USDGTQ is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).