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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Qatari Rial/US Dollar (FOREX:QARUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_QARUSD
Open High Low QARUSD Price Change
0.270115 0.270115 0.270115 0.270115 0.000000
Entry Signal

MarketClub’s Trade Triangles for QARUSD

long term down The long term trend has been DOWN since Dec 14th, 2018 at 0.274605

intermediate term down The intermediate term trend has been DOWN since Oct 23rd, 2018 at 0.274645

short term down The short term trend has been DOWN since Dec 14th, 2018 at 0.274630

Smart Scan Analysis for QARUSD

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

-100
Smart Scan Analysis for QARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.270115 0.270115 0.270115 0.270115 0.000000
Prev. Close Volume Bid Ask Time
0.270115 0.265500 0.274730 2018-12-14 18:07:46
Want to analyze Qatari Rial/US Dollar QARUSD or another symbol? Try our Free Forex Trend Analysis Report.