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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Qatari Rial/Euro (FOREX:QAREUR)

Countertrend Up (+85) - QAREUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_QAREUR
Open High Low QAREUR Price Change
0.25999966 0.25999966 0.25999966 0.25999966 0.00000000
Entry Signal

MarketClub’s Trade Triangles for QAREUR

long term up The long-term trend has been UP since Nov 19th, 2024 at 0.25374922

intermediate term up The intermediate-term trend has been UP since Sep 15th, 2024 at 0.24744880

short term up The short-term trend has been UP since Oct 1st, 2024 at 0.24674568

Smart Scan Analysis for QAREUR

Based on our trend formula, QAREUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25999966 0.25999966 0.25999966 0.25999966 0.00000000
Prev. Close Volume Bid Ask Time
0.25999966 2024-11-19 07:25:19
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