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Forex Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

Qatari Rial/British Pound (FOREX:QARGBP)

Sidelines Mode (+50) - QARGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QARGBP can gain momentum.

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
0.22674681 0.22674681 0.22674681 0.22674681 0.00000000
Entry Signal

MarketClub’s Trade Triangles for QARGBP

long term down The long-term trend has been DOWN since Jul 21st, 2023 at 0.21396991

intermediate term up The intermediate-term trend has been UP since Aug 14th, 2023 at 0.21575395

short term up The short-term trend has been UP since Aug 1st, 2023 at 0.21401956

Smart Scan Analysis for QARGBP

Based on our trend formula, QARGBP is rated as a +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
0.22674681 0.22674681 0.22674681 0.22674681 0.00000000
Prev. Close Volume Bid Ask Time
0.22674681 2023-10-02 14:32:26
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