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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

US Dollar/Qatari Rial (FOREX:USDQAR)

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

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
3.6078104 3.6078104 3.6078104 3.6078104 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDQAR

long term down The long-term trend has been DOWN since Mar 18th, 2023 at 3.6276561

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2023 at 3.6340071

short term down The short-term trend has been DOWN since Mar 18th, 2023 at 3.6412500

Smart Scan Analysis for USDQAR

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

-100
Smart Scan Analysis for USDQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6078104 3.6078104 3.6078104 3.6078104 0.0000000
Prev. Close Volume Bid Ask Time
3.6078104 2023-03-18 03:55:50
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