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Forex Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

British Pound/Qatari Rial (FOREX:GBPQAR)

Crossroads (-60) - GBPQAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
4.7167978 4.7167978 4.7167978 4.7167978 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPQAR

long term up The long-term trend has been UP since Oct 21st, 2019 at 4.6126000

intermediate term down The intermediate-term trend has been DOWN since Feb 11th, 2020 at 4.7245959

short term down The short-term trend has been DOWN since Feb 18th, 2020 at 4.7375373

Smart Scan Analysis for GBPQAR

Based on our trend formula, GBPQAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7167978 4.7167978 4.7167978 4.7167978 0.0000000
Prev. Close Volume Bid Ask Time
4.7327029 4.7151786 4.7184170 2020-02-19 09:58:35
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