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.
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MarketClub’s Trade Triangles for GBPQAR
The long-term trend has been DOWN since Nov 13th, 2024 at 4.6307837
The intermediate-term trend has been DOWN since Jan 9th, 2025 at 4.5465045
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).
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 |