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Forex Trend Analysis Report

Prepared for you on Monday, November 29, 2021.

British Pound/Qatari Rial (FOREX:GBPQAR)

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

Is it time to buy, sell, or avoid GBPQAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPQAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPQAR
Open High Low GBPQAR Price Change
4.843194 4.843194 4.843194 4.843194 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPQAR

long term down The long-term trend has been DOWN since Nov 12th, 2021 at 4.9013669

intermediate term down The intermediate-term trend has been DOWN since Nov 2nd, 2021 at 4.9699361

short term down The short-term trend has been DOWN since Nov 23rd, 2021 at 4.8867488

Smart Scan Analysis for GBPQAR

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

-100
Smart Scan Analysis for GBPQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.843194 4.843194 4.843194 4.843194 0.000000
Prev. Close Volume Bid Ask Time
4.843194 2021-11-29 11:41:37
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