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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Qatari Rial (FOREX:EURQAR)
Crossroads (-60) - EURQAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURQAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURQAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURQAR
The long-term trend has been DOWN since Apr 14th, 2024 at 3.907
The intermediate-term trend has been UP since May 5th, 2024 at 3.918
The short-term trend has been UP since May 5th, 2024 at 3.918
Smart Scan Analysis for EURQAR
Based on our trend formula, EURQAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.9196 | 3.9196 | 3.9196 | 3.9196 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.9196 | 2024-05-08 07:26:31 |