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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Qatari Rial/US Dollar (FOREX:QARUSD)
Long-Term Downtrend (-90) - QARUSD is in a strong downtrend that is likely to continue. While QARUSD is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for QARUSD
The long-term trend has been DOWN since Apr 3rd, 2024 at 0.27463103
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 0.27464990
The short-term trend has been DOWN since Apr 3rd, 2024 at 0.27464990
Smart Scan Analysis for QARUSD
Based on our trend formula, QARUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.27464990 | 0.27466874 | 0.27464990 | 0.27466874 | +0.00001900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.27468763 | 2024-04-12 16:22:24 |