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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Qatari Rial/British Pound (FOREX:QARGBP)
Long-Term Downtrend (-90) - QARGBP is in a strong downtrend that is likely to continue. While QARGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for QARGBP
The long-term trend has been DOWN since Jul 5th, 2024 at 0.21465441
The intermediate-term trend has been DOWN since Jul 5th, 2024 at 0.21518820
The short-term trend has been DOWN since Jun 25th, 2024 at 0.21670520
Smart Scan Analysis for QARGBP
Based on our trend formula, QARGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21248256 | 0.21266469 | 0.21248256 | 0.21266469 | +0.00018200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21248256 | 2024-07-24 14:14:55 |