Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

British Pound/Qatari Rial (FOREX:GBPQAR)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPQAR
Open High Low GBPQAR Price Change
4.82125 4.82125 4.82125 4.82125 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPQAR

long term down The long term trend has been DOWN since May 4th, 2018 at 5.00755

intermediate term up The intermediate term trend has been UP since Oct 11th, 2018 at 4.81935

short term up The short term trend has been UP since Oct 9th, 2018 at 4.77640

Smart Scan Analysis for GBPQAR

Based on a pre-defined weighted trend formula for chart analysis, GBPQAR scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for GBPQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.82125 4.82125 4.82125 4.82125 0.00000
Prev. Close Volume Bid Ask Time
4.82125 4.81990 4.82260 2018-10-11 10:57:28
Want to analyze British Pound/Qatari Rial GBPQAR or another symbol? Try our Free Forex Trend Analysis Report.