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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.

FOREX_AEDQAR
Open High Low AEDQAR Price Change
0.9910840 0.9951318 0.9889985 0.9937853 +0.0027010
Entry Signal

MarketClub’s Trade Triangles for AEDQAR

long term down The long-term trend has been DOWN since Jul 28th, 2021 at 0.9872676

intermediate term down The intermediate-term trend has been DOWN since Jul 28th, 2021 at 0.9872676

short term up 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).

-85
Smart Scan Analysis for AEDQAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9910840 0.9951318 0.9889985 0.9937853 +0.0027010
Prev. Close Volume Bid Ask Time
0.9910840 2021-07-30 17:14:55
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