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Forex Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

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.

FOREX_EURQAR
Open High Low EURQAR Price Change
3.9068 3.9068 3.9068 3.9068 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURQAR

long term up The long-term trend has been UP since Nov 28th, 2022 at 3.7607

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2023 at 4.0176

short term down The short-term trend has been DOWN since May 11th, 2023 at 3.9954

Smart Scan Analysis for EURQAR

Based on our trend formula, EURQAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9068 3.9068 3.9068 3.9068 0.0000
Prev. Close Volume Bid Ask Time
3.9068 2023-06-07 21:07:52
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