Forex Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
Qatari Rial/Euro (FOREX:QAREUR)
Sidelines Mode (+55) - QAREUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QAREUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAREUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAREUR
The long-term trend has been UP since Aug 9th, 2021 at 0.23360937
The intermediate-term trend has been DOWN since Dec 14th, 2021 at 0.24177557
The short-term trend has been UP since Jan 19th, 2022 at 0.24205098
Smart Scan Analysis for QAREUR
Based on our trend formula, QAREUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).