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Forex Trend Analysis Report

Prepared for you on Thursday, August 6, 2020.

Qatari Rial/British Pound (FOREX:QARGBP)

Strong Downtrend (-100) - QARGBP 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 QARGBP?

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

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

FOREX_QARGBP
Open High Low QARGBP Price Change
0.21143506 0.21143506 0.21143506 0.21143506 0.00000000
Entry Signal

MarketClub’s Trade Triangles for QARGBP

long term down The long-term trend has been DOWN since Jul 27th, 2020 at 0.21529252

intermediate term down The intermediate-term trend has been DOWN since Jun 1st, 2020 at 0.22231960

short term down The short-term trend has been DOWN since Jul 15th, 2020 at 0.21752270

Smart Scan Analysis for QARGBP

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

-100
Smart Scan Analysis for QARGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21143506 0.21143506 0.21143506 0.21143506 0.00000000
Prev. Close Volume Bid Ask Time
0.20898519 0.21137699 0.21149313 2020-07-29 10:28:30
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