A handjob in which Latin American/Mexican dressings/condiments are used as lube. I.E. salsa, guacamole, sour cream, hot sauce (if you're kinky) etc.
I was with this totally hot puerto rican chick last night.
Dude, did you bang her!?!
Nah, but she did give me a Guatemalan handshake.
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when you skin a guatemalan and roll up the skin and eat it.
Hey man you.. you ever tried this guatemalan rollup?
When an extremely fat female wraps her fupa around your head and neck while perform cunnilingus
That bitch was so fat that she busted out the Guatemalan Lampshade on me while I ate her box.