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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Qatari Rial/United Arab Emirates Dirham (FOREX:QARAED)

Bear Market Rally (-75) - QARAED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QARAED as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QARAED?

MarketClub looks at technical strength and momentum to determine if the timing is right for QARAED.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_QARAED
Open High Low QARAED Price Change
1.0045268 1.0045268 1.0045268 1.0045268 0.0000000
Entry Signal

MarketClub’s Trade Triangles for QARAED

long term down The long-term trend has been DOWN since Feb 5th, 2024 at 0.9964755

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2024 at 0.9999245

short term up The short-term trend has been UP since Mar 18th, 2024 at 1.0071912

Smart Scan Analysis for QARAED

Based on our trend formula, QARAED is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for QARAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0045268 1.0045268 1.0045268 1.0045268 0.0000000
Prev. Close Volume Bid Ask Time
1.0045268 2024-03-19 00:21:09
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