Forex Trend Analysis Report
Prepared for you on Thursday, May 13, 2021.
Euro/Qatari Rial (FOREX:EURQAR)
Sidelines Mode (+50) - EURQAR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURQAR can gain momentum.
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 Mar 9th, 2021 at 4.3628
The intermediate-term trend has been UP since Apr 15th, 2021 at 4.3483
The short-term trend has been UP since Apr 6th, 2021 at 4.2746
Smart Scan Analysis for EURQAR
Based on our trend formula, EURQAR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).