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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Euro/Qatari Rial (FOREX:EURQAR)

Strong Downtrend (-100) - EURQAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURQAR continues to fall. Traders should use caution 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.

FOREX_EURQAR
Open High Low EURQAR Price Change
3.7883 3.7883 3.7883 3.7883 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 down The intermediate-term trend has been DOWN since Dec 15th, 2024 at 3.8410

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 -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for EURQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7883 3.7883 3.7883 3.7883 0.0000
Prev. Close Volume Bid Ask Time
3.7806 2024-12-21 08:23:54
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