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Forex Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

US Dollar/Guatemalan Quetzal (FOREX:USDGTQ)

Long-Term Downtrend (-90) - USDGTQ is in a strong downtrend that is likely to continue. While USDGTQ 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 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.

FOREX_USDGTQ
Open High Low USDGTQ Price Change
7.716001 7.716001 7.716001 7.716001 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDGTQ

long term down The long-term trend has been DOWN since Dec 12th, 2021 at 7.720228

intermediate term down The intermediate-term trend has been DOWN since Dec 12th, 2021 at 7.731214

short term down The short-term trend has been DOWN since Jan 4th, 2022 at 7.716676

Smart Scan Analysis for USDGTQ

Based on our trend formula, USDGTQ is rated as a -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
7.716001 7.716001 7.716001 7.716001 0.000000
Prev. Close Volume Bid Ask Time
7.716001 2022-01-10 07:18:20
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