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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

British Pound/Qatari Rial (FOREX:GBPQAR)

Strong Downtrend (-100) - GBPQAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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
4.4315969 4.4330267 4.4315969 4.4330267 +0.0014300
Entry Signal

MarketClub’s Trade Triangles for GBPQAR

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 4.6933107

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2020 at 4.4733852

short term down The short-term trend has been DOWN since May 22nd, 2020 at 4.4392623

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
4.4315969 4.4330267 4.4315969 4.4330267 +0.0014300
Prev. Close Volume Bid Ask Time
4.4315969 4.4318092 4.4342442 2020-05-22 09:17:23
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