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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Qatari Rial/US Dollar (FOREX:QARUSD)

Strong Downtrend (-100) - QARUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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 0.27464984 0.27464984 0.27464984 0.00000000
Entry Signal

MarketClub’s Trade Triangles for QARUSD

long term down The long-term trend has been DOWN since Dec 9th, 2020 at 0.27463100

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 0.27464984

short term down The short-term trend has been DOWN since Feb 9th, 2021 at 0.27466871

Smart Scan Analysis for QARUSD

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

-100
Smart Scan Analysis for QARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27464984 0.27464984 0.27464984 0.27464984 0.00000000
Prev. Close Volume Bid Ask Time
0.27464984 2021-02-24 10:38:30
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