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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

British Pound/Qatari Rial (FOREX:GBPQAR)

Weak Downtrend (-65) - GBPQAR is showing signs of a strengthening downtrend. Monitor GBPQAR as it may be building momentum to the downside.

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
5.0311967 5.0311967 5.0311967 5.0311967 0.0000000
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 down The intermediate-term trend has been DOWN since Mar 8th, 2021 at 5.0373173

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 5.1200562

Smart Scan Analysis for GBPQAR

Based on our trend formula, GBPQAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.0311967 5.0311967 5.0311967 5.0311967 0.0000000
Prev. Close Volume Bid Ask Time
5.0311967 2021-03-08 12:26:11
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