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Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

US Dollar/Qatari Rial (FOREX:USDQAR)

Sidelines Mode (-55) - USDQAR 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 USDQAR?

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

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

FOREX_USDQAR
Open High Low USDQAR Price Change
3.6405 3.6405 3.6405 3.6405 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDQAR

long term up The long-term trend has been UP since Mar 11th, 2020 at 3.6525711

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2020 at 3.6410000

short term up The short-term trend has been UP since Mar 31st, 2020 at 3.6410000

Smart Scan Analysis for USDQAR

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

-55
Smart Scan Analysis for USDQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6405 3.6405 3.6405 3.6405 0.0000
Prev. Close Volume Bid Ask Time
3.6405 3.6390 3.6420 2020-04-03 11:48:17
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