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Forex Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

Euro/Qatari Rial (FOREX:EURQAR)

Countertrend Down (-85) - EURQAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_EURQAR
Open High Low EURQAR Price Change
4.2369 4.2369 4.2369 4.2369 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURQAR

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 4.2859

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2021 at 4.3175

short term up The short-term trend has been UP since Oct 19th, 2021 at 4.2312

Smart Scan Analysis for EURQAR

Based on our trend formula, EURQAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for EURQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2369 4.2369 4.2369 4.2369 0.0000
Prev. Close Volume Bid Ask Time
4.2369 2021-10-23 18:50:31
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