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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Qatari Rial/British Pound (FOREX:QARGBP)

Bull Market Weakness (+75) - QARGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QARGBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QARGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for QARGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_QARGBP
Open High Low QARGBP Price Change
0.21658822 0.21658822 0.21658822 0.21658822 0.00000000
Entry Signal

MarketClub’s Trade Triangles for QARGBP

long term up The long-term trend has been UP since Nov 13th, 2024 at 0.21594623

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2024 at 0.20931409

short term up The short-term trend has been UP since Nov 6th, 2024 at 0.21174417

Smart Scan Analysis for QARGBP

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

+70
Smart Scan Analysis for QARGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21658822 0.21658822 0.21658822 0.21658822 0.00000000
Prev. Close Volume Bid Ask Time
0.21658822 2024-11-19 16:27:05
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