Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Qatari Rial/Euro (FOREX:QAREUR)
Strong Downtrend (-100) - QAREUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Jul 9th, 2020 at 0.24322410
The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.22654117
The short-term trend has been DOWN since Feb 8th, 2021 at 0.22883519
Smart Scan Analysis for QAREUR
Based on our trend formula, QAREUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).