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Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

Qatari Rial/Euro (FOREX:QAREUR)

Weak Downtrend (-65) - QAREUR is showing signs of a strengthening downtrend. Monitor QAREUR as it may be building momentum to the downside.

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
0.22610016 0.22610016 0.22610016 0.22610016 0.00000000
Entry Signal

MarketClub’s Trade Triangles for QAREUR

long term up The long-term trend has been UP since Mar 9th, 2021 at 0.22948187

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2021 at 0.23024893

short term down The short-term trend has been DOWN since Apr 6th, 2021 at 0.23422844

Smart Scan Analysis for QAREUR

Based on our trend formula, QAREUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22610016 0.22610016 0.22610016 0.22610016 0.00000000
Prev. Close Volume Bid Ask Time
0.22610016 2021-05-11 23:49:14
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