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Forex Trend Analysis Report

Prepared for you on Friday, December 6, 2019.

Qatari Rial/US Dollar (FOREX:QARUSD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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
0.27464984 0.27464984 0.27464984 0.27464984 0.00000000
Entry Signal

MarketClub’s Trade Triangles for QARUSD

long term up The long term trend has been UP since Jul 26th, 2019 at 0.27468500

intermediate term down The intermediate term trend has been DOWN since Oct 25th, 2019 at 0.27464984

short term down The short term trend has been DOWN since Oct 25th, 2019 at 0.27464984

Smart Scan Analysis for QARUSD

Based on a pre-defined weighted trend formula for chart analysis, QARUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for QARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27464984 0.27464984 0.27464984 0.27464984 0.00000000
Prev. Close Volume Bid Ask Time
0.27466872 0.27457441 0.27472527 2019-12-04 13:56:12
Want to analyze Qatari Rial/US Dollar QARUSD or another symbol? Try our Free Forex Trend Analysis Report.