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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2019.

US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
7.6895 7.6895 7.6895 7.6895 0.0000
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 down The intermediate term trend has been DOWN since Feb 19th, 2019 at 7.69250

short term down The short term trend has been DOWN since Mar 5th, 2019 at 7.71725

Smart Scan Analysis for USDGTQ

Based on a pre-defined weighted trend formula for chart analysis, USDGTQ scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for USDGTQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.6895 7.6895 7.6895 7.6895 0.0000
Prev. Close Volume Bid Ask Time
7.6916 7.5126 7.8664 2019-03-14 22:16:32
Want to analyze US Dollar/Guatemalan Quetzal USDGTQ or another symbol? Try our Free Forex Trend Analysis Report.