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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Qatari Rial/British Pound (FOREX:QARGBP)

Bear Market Rally (-75) - QARGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QARGBP as it may be in the beginning 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
0.19774774 0.19774774 0.19774774 0.19774774 0.00000000
Entry Signal

MarketClub’s Trade Triangles for QARGBP

long term down The long-term trend has been DOWN since Jul 27th, 2020 at 0.21529252

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2020 at 0.20922752

short term up The short-term trend has been UP since Mar 4th, 2021 at 0.19531037

Smart Scan Analysis for QARGBP

Based on our trend formula, QARGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for QARGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19774774 0.19774774 0.19774774 0.19774774 0.00000000
Prev. Close Volume Bid Ask Time
0.19774774 2021-03-04 15:42:24
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