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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for USDQAR
The long-term trend has been DOWN since Jun 3rd, 2024 at 3.6274682
The intermediate-term trend has been UP since Nov 19th, 2024 at 3.6463000
The short-term trend has been UP since Nov 19th, 2024 at 3.6407500
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.6473473 | 3.6473473 | 3.6405500 | 3.6405500 | -0.0067970 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.6473473 | 2024-11-19 16:27:05 |