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Forex Trend Analysis Report

Prepared for you on Sunday, June 17, 2018.

US Dollar/Qatari Rial (FOREX:USDQAR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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_USDQAR
Open High Low USDQAR Price Change
3.65565 3.65565 3.65565 3.65565 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDQAR

long term down The long term trend has been DOWN since Jun 10th, 2018 at 3.62765

intermediate term up The intermediate term trend has been UP since Jun 14th, 2018 at 3.65405

short term up The short term trend has been UP since Jun 11th, 2018 at 3.64100

Smart Scan Analysis for USDQAR

Based on a pre-defined weighted trend formula for chart analysis, USDQAR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.65565 3.65565 3.65565 3.65565 0.00000
Prev. Close Volume Bid Ask Time
3.65565 3.52880 3.78250 2018-06-14 09:02:27
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