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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Qatari Rial/US Dollar (FOREX:QARUSD)

Countertrend Up (+85) - QARUSD 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 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
0.27468759 0.27468759 0.27468759 0.27468759 0.00000000
Entry Signal

MarketClub’s Trade Triangles for QARUSD

long term up The long-term trend has been UP since Mar 23rd, 2020 at 0.27466872

intermediate term up The intermediate-term trend has been UP since Mar 17th, 2020 at 0.27464987

short term up The short-term trend has been UP since Mar 17th, 2020 at 0.27464987

Smart Scan Analysis for QARUSD

Based on our trend formula, QARUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27468759 0.27468759 0.27468759 0.27468759 0.00000000
Prev. Close Volume Bid Ask Time
0.27468759 0.27457441 0.27480077 2020-04-08 11:30:46
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