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.
MarketClub’s Trade Triangles for USDQAR
The long-term trend has been DOWN since Mar 18th, 2023 at 3.6276561
The intermediate-term trend has been DOWN since Mar 18th, 2023 at 3.6340071
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).