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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Qatari Rial/British Pound (FOREX:QARGBP)

Sidelines Mode (+55) - QARGBP 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 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
0.21994788 0.21994788 0.21956579 0.21956579 -0.00038200
Entry Signal

MarketClub’s Trade Triangles for QARGBP

long term up The long-term trend has been UP since Apr 1st, 2024 at 0.21831925

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 0.21624569

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 0.22062078

Smart Scan Analysis for QARGBP

Based on our trend formula, QARGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QARGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21994788 0.21994788 0.21956579 0.21956579 -0.00038200
Prev. Close Volume Bid Ask Time
0.21994788 2024-04-25 14:15:22
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