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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.

FOREX_EURQAR
Open High Low EURQAR Price Change
4.4719 4.4719 4.4719 4.4719 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURQAR

long term up The long-term trend has been UP since Jul 15th, 2020 at 4.1382

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2020 at 4.3179

short term up 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).

+80
Smart Scan Analysis for EURQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4719 4.4719 4.4719 4.4719 0.0000
Prev. Close Volume Bid Ask Time
4.4719 2020-12-04 07:18:26
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