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Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Euro/Qatari Rial (FOREX:EURQAR)
Countertrend Down (-85) - EURQAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for EURQAR
The long-term trend has been DOWN since Aug 9th, 2021 at 4.2859
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 4.3175
The short-term trend has been UP since Oct 19th, 2021 at 4.2312
Smart Scan Analysis for EURQAR
Based on our trend formula, EURQAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.2369 | 4.2369 | 4.2369 | 4.2369 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.2369 | 2021-10-23 18:50:31 |