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Forex Trend Analysis Report

Prepared for you on Monday, May 20, 2019.

US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_USDGTQ
Open High Low USDGTQ Price Change
7.66205 7.66205 7.66205 7.66205 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDGTQ

long term down The long term trend has been DOWN since Jan 9th, 2019 at 7.65965

intermediate term up The intermediate term trend has been UP since May 2nd, 2019 at 7.66655

short term up The short term trend has been UP since May 19th, 2019 at 7.66035

Smart Scan Analysis for USDGTQ

Based on a pre-defined weighted trend formula for chart analysis, USDGTQ scored +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
7.66205 7.66205 7.66205 7.66205 0.00000
Prev. Close Volume Bid Ask Time
7.66205 7.48290 7.84120 2019-05-19 20:03:22
Want to analyze US Dollar/Guatemalan Quetzal USDGTQ or another symbol? Try our Free Forex Trend Analysis Report.