Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
Euro/Qatari Rial (FOREX:EURQAR)
Weak Downtrend (-65) - EURQAR is showing signs of a strengthening downtrend. Monitor EURQAR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURQAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURQAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURQAR
The long-term trend has been DOWN since May 14th, 2020 at 3.9300
The intermediate-term trend has been UP since May 19th, 2020 at 3.9802
The short-term trend has been DOWN since May 24th, 2020 at 3.9882
Smart Scan Analysis for EURQAR
Based on our trend formula, EURQAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).