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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

British Pound/Qatari Rial (FOREX:GBPQAR)

Strong Uptrend (+100) - GBPQAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPQAR 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 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
4.9024162 4.9024162 4.8950931 4.8950931 -0.0073230
Entry Signal

MarketClub’s Trade Triangles for GBPQAR

long term up The long-term trend has been UP since Jul 27th, 2020 at 4.6448436

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2020 at 4.7794866

short term up The short-term trend has been UP since Nov 3rd, 2020 at 4.7277863

Smart Scan Analysis for GBPQAR

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

+100
Smart Scan Analysis for GBPQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.9024162 4.9024162 4.8950931 4.8950931 -0.0073230
Prev. Close Volume Bid Ask Time
4.9024162 2020-12-03 14:09:08
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