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.
MarketClub’s Trade Triangles for GBPQAR
The long-term trend has been UP since Oct 21st, 2019 at 4.6126000
The intermediate-term trend has been DOWN since Feb 11th, 2020 at 4.7245959
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).