Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Qatari Rial/British Pound (FOREX:QARGBP)
Countertrend Up (+85) - QARGBP 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 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.
MarketClub’s Trade Triangles for QARGBP
The long-term trend has been UP since Mar 2nd, 2020 at 0.21306923
The intermediate-term trend has been UP since May 12th, 2020 at 0.22354438
The short-term trend has been UP since May 22nd, 2020 at 0.22526268
Smart Scan Analysis for QARGBP
Based on our trend formula, QARGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).