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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
US Dollar/Qatari Rial (FOREX:USDQAR)
Strong Downtrend (-100) - USDQAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDQAR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDQAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDQAR.
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 USDQAR
The long-term trend has been DOWN since Jun 3rd, 2024 at 3.6274682
The intermediate-term trend has been DOWN since Dec 21st, 2024 at 3.6343164
The short-term trend has been DOWN since Dec 21st, 2024 at 3.6390197
Smart Scan Analysis for USDQAR
Based on our trend formula, USDQAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.6309005 | 3.6309005 | 3.6309005 | 3.6309005 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.6311771 | 2024-12-21 08:23:54 |