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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

US Dollar/Qatari Rial (FOREX:USDQAR)

Crossroads (+60) - USDQAR is struggling to move into a solid trend. Beware of choppy markets 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
3.6396927 3.6396927 3.6396927 3.6396927 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDQAR

long term down The long-term trend has been DOWN since Dec 21st, 2020 at 3.6226590

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 3.6471276

short term up The short-term trend has been UP since Feb 23rd, 2021 at 3.6410227

Smart Scan Analysis for USDQAR

Based on our trend formula, USDQAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for USDQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6396927 3.6396927 3.6396927 3.6396927 0.0000000
Prev. Close Volume Bid Ask Time
3.6396927 2021-02-25 07:31:41
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