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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Qatari Rial/US Dollar (FOREX:QARUSD)
Sidelines Mode (+50) - QARUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QARUSD can gain momentum.
Is it time to buy, sell, or avoid QARUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for QARUSD.
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 QARUSD
The long-term trend has been DOWN since Apr 3rd, 2024 at 0.27463103
The intermediate-term trend has been UP since Apr 22nd, 2024 at 0.27466879
The short-term trend has been UP since Apr 19th, 2024 at 0.27466874
Smart Scan Analysis for QARUSD
Based on our trend formula, QARUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.27468763 | 0.27468763 | 0.27468763 | 0.27468763 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.27468763 | 2024-04-25 12:10:40 |