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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

US Dollar/Qatari Rial (FOREX:USDQAR)

Weak Uptrend (+65) - USDQAR is showing signs of weakening momentum to the upside. Monitor USDQAR as it may be in the beginning stages of a reversal.

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
3.64100 3.64125 3.64075 3.64125 +0.00025
Entry Signal

MarketClub’s Trade Triangles for USDQAR

long term up The long-term trend has been UP since May 13th, 2021 at 3.6986833

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2021 at 3.6407500

short term up The short-term trend has been UP since Oct 7th, 2021 at 3.6410000

Smart Scan Analysis for USDQAR

Based on our trend formula, USDQAR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.64100 3.64125 3.64075 3.64125 +0.00025
Prev. Close Volume Bid Ask Time
3.64100 2021-10-18 17:02:43
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