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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2024.

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
3.8602 3.8602 3.8602 3.8602 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURQAR

long term down The long-term trend has been DOWN since Nov 19th, 2024 at 3.9466

intermediate term up The intermediate-term trend has been UP since Dec 7th, 2024 at 3.8520

short term down The short-term trend has been DOWN since Oct 1st, 2024 at 4.0583

Smart Scan Analysis for EURQAR

Based on our trend formula, EURQAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for EURQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.8602 3.8602 3.8602 3.8602 0.0000
Prev. Close Volume Bid Ask Time
3.8602 2024-12-07 20:17:26
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