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Forex Trend Analysis Report
Prepared for you on Monday, December 9, 2024.
British Pound/Qatari Rial (FOREX:GBPQAR)
Sidelines Mode (+50) - GBPQAR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPQAR can gain momentum.
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 DOWN since Nov 13th, 2024 at 4.6307837
The intermediate-term trend has been UP since Dec 5th, 2024 at 4.6333051
The short-term trend has been UP since Nov 29th, 2024 at 4.6170577
Smart Scan Analysis for GBPQAR
Based on our trend formula, GBPQAR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.6437044 | 4.6437044 | 4.6417416 | 4.6417416 | -0.0019630 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.6437044 | 2024-12-05 21:48:19 |