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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

Qatari Rial/US Dollar (FOREX:QARUSD)

Weak Downtrend (-65) - QARUSD is showing signs of a strengthening downtrend. Monitor QARUSD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QARUSD?

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

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

FOREX_QARUSD
Open High Low QARUSD Price Change
0.27464987 0.27464987 0.27464987 0.27464987 0.00000000
Entry Signal

MarketClub’s Trade Triangles for QARUSD

long term up The long-term trend has been UP since Nov 24th, 2023 at 0.27468763

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2024 at 0.27464990

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 0.27466879

Smart Scan Analysis for QARUSD

Based on our trend formula, QARUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27464987 0.27464987 0.27464987 0.27464987 0.00000000
Prev. Close Volume Bid Ask Time
0.27464987 2024-03-18 10:54:59
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