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Forex Trend Analysis Report

Prepared for you on Sunday, February 17, 2019.

Euro/Qatari Rial (FOREX:EURQAR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURQAR
Open High Low EURQAR Price Change
4.1045 4.1045 4.1045 4.1045 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURQAR

long term down The long term trend has been DOWN since May 13th, 2018 at 4.4012

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2019 at 4.1557

short term down The short term trend has been DOWN since Feb 5th, 2019 at 4.1638

Smart Scan Analysis for EURQAR

Based on a pre-defined weighted trend formula for chart analysis, EURQAR scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for EURQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1045 4.1045 4.1045 4.1045 0.0000
Prev. Close Volume Bid Ask Time
4.1045 3.9545 4.2545 2019-02-15 08:47:36
Want to analyze Euro/Qatari Rial EURQAR or another symbol? Try our Free Forex Trend Analysis Report.