Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Qatari Rial/Euro (FOREX:QAREUR)
Weak Uptrend (+65) - QAREUR is showing signs of weakening momentum to the upside. Monitor QAREUR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QAREUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAREUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAREUR
The long-term trend has been UP since Aug 9th, 2021 at 0.23360937
The intermediate-term trend has been UP since Sep 13th, 2021 at 0.23189542
The short-term trend has been DOWN since Oct 19th, 2021 at 0.23663697
Smart Scan Analysis for QAREUR
Based on our trend formula, QAREUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).