Forex Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
Qatari Rial/Euro (FOREX:QAREUR)
Sidelines Mode (+50) - QAREUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QAREUR can gain momentum.
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 DOWN since May 13th, 2021 at 0.22483293
The intermediate-term trend has been UP since Jun 17th, 2021 at 0.22584455
The short-term trend has been UP since Jun 17th, 2021 at 0.22584455
Smart Scan Analysis for QAREUR
Based on our trend formula, QAREUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).