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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

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
0.22062078 0.22065291 0.22062078 0.22065291 +0.00003200
Entry Signal

MarketClub’s Trade Triangles for QARGBP

long term up The long-term trend has been UP since Apr 1st, 2024 at 0.21831925

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 0.21624569

short term up The short-term trend has been UP since Apr 10th, 2024 at 0.21740475

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
0.22062078 0.22065291 0.22062078 0.22065291 +0.00003200
Prev. Close Volume Bid Ask Time
0.22019095 2024-04-12 16:22:24
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