Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, August 17, 2018.

US Dollar/Qatari Rial (FOREX:USDQAR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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
3.64105 3.64105 3.64105 3.64105 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 Jul 24th, 2018 at 3.64395

short term down The short term trend has been DOWN since Aug 13th, 2018 at 3.63630

Smart Scan Analysis for USDQAR

Based on a pre-defined weighted trend formula for chart analysis, USDQAR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for USDQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.64105 3.64105 3.64105 3.64105 0.00000
Prev. Close Volume Bid Ask Time
3.64105 3.64010 3.64200 2018-08-15 18:10:22
Want to analyze US Dollar/Qatari Rial USDQAR or another symbol? Try our Free Forex Trend Analysis Report.