Forex Trend Analysis Report
Prepared for you on Saturday, December 5, 2020.
Euro/Qatari Rial (FOREX:EURQAR)
Countertrend Up (+85) - EURQAR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jul 15th, 2020 at 4.1382
The intermediate-term trend has been UP since Nov 8th, 2020 at 4.3179
The short-term trend has been UP since Nov 8th, 2020 at 4.2622
Smart Scan Analysis for EURQAR
Based on our trend formula, EURQAR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).