Forex Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
United Arab Emirates Dirham/Qatari Rial (FOREX:AEDQAR)
Countertrend Down (-85) - AEDQAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid AEDQAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDQAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDQAR
The long-term trend has been DOWN since Jul 28th, 2021 at 0.9872676
The intermediate-term trend has been DOWN since Jul 28th, 2021 at 0.9872676
The short-term trend has been UP since Jul 30th, 2021 at 0.9927399
Smart Scan Analysis for AEDQAR
Based on our trend formula, AEDQAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).