Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
United Arab Emirates Dirham/Qatari Rial (FOREX:AEDQAR)
Crossroads (-60) - AEDQAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Aug 2nd, 2021 at 1.0091123
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 0.9885420
The short-term trend has been DOWN since Sep 28th, 2021 at 0.9908694
Smart Scan Analysis for AEDQAR
Based on our trend formula, AEDQAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).