Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Euro/Qatari Rial (FOREX:EURQAR)
Strong Uptrend (+100) - EURQAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURQAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Feb 16th, 2021 at 4.4193
The short-term trend has been UP since Feb 8th, 2021 at 4.3751
Smart Scan Analysis for EURQAR
Based on our trend formula, EURQAR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).