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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

US Dollar/Qatari Rial (FOREX:USDQAR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
3.641 3.641 3.641 3.641 0.000
Entry Signal

MarketClub’s Trade Triangles for USDQAR

long term up The long term trend has been UP since Sep 16th, 2018 at 3.6636

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2018 at 3.6377

short term down The short term trend has been DOWN since Oct 19th, 2018 at 3.6410

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
3.641 3.641 3.641 3.641 0.000
Prev. Close Volume Bid Ask Time
3.641 3.640 3.642 2018-10-22 13:43:59
Want to analyze US Dollar/Qatari Rial USDQAR or another symbol? Try our Free Forex Trend Analysis Report.