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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Qatari Rial/Euro (FOREX:QAREUR)

Crossroads (-60) - QAREUR 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 QAREUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for QAREUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_QAREUR
Open High Low QAREUR Price Change
0.25550227 0.25550227 0.25550227 0.25550227 0.00000000
Entry Signal

MarketClub’s Trade Triangles for QAREUR

long term up The long-term trend has been UP since Apr 14th, 2024 at 0.25632868

intermediate term down The intermediate-term trend has been DOWN since May 5th, 2024 at 0.25560691

short term down The short-term trend has been DOWN since May 5th, 2024 at 0.25560691

Smart Scan Analysis for QAREUR

Based on our trend formula, QAREUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for QAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25550227 0.25550227 0.25550227 0.25550227 0.00000000
Prev. Close Volume Bid Ask Time
0.25550227 2024-05-08 07:26:31
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