Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Qatari Rial (FOREX:GBPQAR)
Bull Market Weakness (+75) - GBPQAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPQAR as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for GBPQAR
The long-term trend has been UP since Jul 5th, 2024 at 4.6586517
The intermediate-term trend has been UP since Jul 5th, 2024 at 4.6470964
The short-term trend has been UP since Jun 25th, 2024 at 4.6145656
Smart Scan Analysis for GBPQAR
Based on our trend formula, GBPQAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.7062701 | 4.7062701 | 4.7022399 | 4.7022399 | -0.0040300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.7062701 | 2024-07-24 14:14:55 |