Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Qatari Rial/British Pound (FOREX:QARGBP)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_QARGBP
Open High Low QARGBP Price Change
0.21165834 0.21165834 0.21165834 0.21165834 0.00000000
Entry Signal

MarketClub’s Trade Triangles for QARGBP

long term down The long term trend has been DOWN since Oct 21st, 2019 at 0.21680000

intermediate term up The intermediate term trend has been UP since Jan 28th, 2020 at 0.21052945

short term up The short term trend has been UP since Jan 27th, 2020 at 0.21004115

Smart Scan Analysis for QARGBP

Based on a pre-defined weighted trend formula for chart analysis, QARGBP scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for QARGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21165834 0.21165834 0.21165834 0.21165834 0.00000000
Prev. Close Volume Bid Ask Time
0.21165834 0.21158567 0.21173101 2020-01-28 11:04:06
Get a free daily report for Qatari Rial/British Pound (QARGBP) - Free Trend Analysis Report.