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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

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

Weak Downtrend (-65) - QARAED is showing signs of a strengthening downtrend. Monitor QARAED as it may be building momentum to the downside.

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
1.0065548 1.0100370 1.0023134 1.0100370 +0.0034820
Entry Signal

MarketClub’s Trade Triangles for QARAED

long term down The long-term trend has been DOWN since Aug 3rd, 2020 at 0.9991418

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 1.0042125

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 1.0050684

Smart Scan Analysis for QARAED

Based on our trend formula, QARAED is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QARAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0065548 1.0100370 1.0023134 1.0100370 +0.0034820
Prev. Close Volume Bid Ask Time
1.0065548 2021-03-01 12:01:47
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