Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

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, GBPQAR 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
4.4702048 4.4702048 4.4702048 4.4702048 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPQAR

long term down The long-term trend has been DOWN since Nov 12th, 2021 at 4.9013669

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2022 at 4.5403811

short term down The short-term trend has been DOWN since Jun 10th, 2022 at 4.5624554

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
4.4702048 4.4702048 4.4702048 4.4702048 0.0000000
Prev. Close Volume Bid Ask Time
4.4702048 2022-06-27 13:17:45
Get a free daily analysis and signals for British Pound/Qatari Rial (GBPQAR) - Request Your Free Report.