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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.

FOREX_QARGBP
Open High Low QARGBP Price Change
0.22565231 0.22565231 0.22557953 0.22557953 -0.00007300
Entry Signal

MarketClub’s Trade Triangles for QARGBP

long term up The long-term trend has been UP since Mar 2nd, 2020 at 0.21306923

intermediate term up The intermediate-term trend has been UP since May 12th, 2020 at 0.22354438

short term up 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).

+80
Smart Scan Analysis for QARGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22565231 0.22565231 0.22557953 0.22557953 -0.00007300
Prev. Close Volume Bid Ask Time
0.22557953 0.22551757 0.22564148 2020-05-22 09:17:23
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