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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 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.
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MarketClub’s Trade Triangles for EURQAR
The long-term trend has been DOWN since Apr 14th, 2024 at 3.9070
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 3.9565
The short-term trend has been DOWN since Apr 14th, 2024 at 3.9222
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.8821 | 3.8821 | 3.8821 | 3.8821 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.8821 | 2024-04-17 21:01:47 |