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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Qatari Rial/US Dollar (FOREX:QARUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_QARUSD
Open High Low QARUSD Price Change
0.27465 0.27465 0.27465 0.27465 0.00000
Entry Signal

MarketClub’s Trade Triangles for QARUSD

long term up The long term trend has been UP since Jul 26th, 2019 at 0.274685

intermediate term up The intermediate term trend has been UP since Jul 16th, 2019 at 0.274665

short term down The short term trend has been DOWN since Aug 7th, 2019 at 0.274650

Smart Scan Analysis for QARUSD

Based on a pre-defined weighted trend formula for chart analysis, QARUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for QARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27465 0.27465 0.27465 0.27465 0.00000
Prev. Close Volume Bid Ask Time
0.27459 0.27457 0.27473 2019-08-13 13:25:36
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