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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2019.

Euro/Qatari Rial (FOREX:EURQAR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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
4.0919 4.0919 4.0919 4.0919 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 Jul 9th, 2019 at 4.0808

short term down The short term trend has been DOWN since Jul 17th, 2019 at 4.0861

Smart Scan Analysis for EURQAR

Based on a pre-defined weighted trend formula for chart analysis, EURQAR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0919 4.0919 4.0919 4.0919 0.0000
Prev. Close Volume Bid Ask Time
4.0919 3.9419 4.2419 2019-07-19 08:39:13
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