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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

British Pound/Qatari Rial (FOREX:GBPQAR)

Countertrend Down (-85) - GBPQAR 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 GBPQAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPQAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPQAR
Open High Low GBPQAR Price Change
4.4525637 4.4525637 4.4525637 4.4525637 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPQAR

long term down The long-term trend has been DOWN since Nov 13th, 2024 at 4.6307837

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2025 at 4.5465045

short term up The short-term trend has been UP since Jan 16th, 2025 at 4.4518831

Smart Scan Analysis for GBPQAR

Based on our trend formula, GBPQAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GBPQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4525637 4.4525637 4.4525637 4.4525637 0.0000000
Prev. Close Volume Bid Ask Time
4.4337053 2025-01-16 15:25:19
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