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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Qatari Rial/US Dollar (FOREX:QARUSD)

Sidelines Mode (+55) - QARUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QARUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for QARUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_QARUSD
Open High Low QARUSD Price Change
0.27464984 0.27466871 0.27463100 0.27463100 -0.00001900
Entry Signal

MarketClub’s Trade Triangles for QARUSD

long term up The long-term trend has been UP since Jul 26th, 2021 at 0.27466871

intermediate term down The intermediate-term trend has been DOWN since Aug 23rd, 2021 at 0.27464987

short term up The short-term trend has been UP since Oct 14th, 2021 at 0.27464987

Smart Scan Analysis for QARUSD

Based on our trend formula, QARUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27464984 0.27466871 0.27463100 0.27463100 -0.00001900
Prev. Close Volume Bid Ask Time
0.27464984 2021-10-18 17:02:43
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