No. The Continental Divide of the Americas—the hydrological split between Pacific and Atlantic (Gulf/Caribbean) drainage—runs along the Rocky Mountains through Alaska, Canada, the U.S. (Montana, Idaho, Wyoming, Colorado, New Mexico), and Mexico's Sierra Madre Occidental. It does not enter Central America.
Guatemala has its own internal drainage divides:
The Pacific/Caribbean divide runs along the Sierra Madre de Chiapas / Sierra de los Cuchumatanes—a local divide, not the Continental Divide.
The Continental Divide is a hemispheric-scale feature. Central America is an isthmus—both oceans are close. The "divide" there is just the local watershed boundary between two nearby coasts, not the continental spine.