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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

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

Long-Term Downtrend (-90) - QARAED is in a strong downtrend that is likely to continue. While QARAED is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

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FOREX_QARAED
Open High Low QARAED Price Change
1.0023575 1.0043990 1.0015068 1.0039129 +0.0015550
Entry Signal

MarketClub’s Trade Triangles for QARAED

long term down The long-term trend has been DOWN since Apr 22nd, 2025 at 0.9929406

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2025 at 0.9973400

short term down The short-term trend has been DOWN since May 7th, 2025 at 1.0024908

Smart Scan Analysis for QARAED

Based on our trend formula, QARAED is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QARAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0023575 1.0043990 1.0015068 1.0039129 +0.0015550
Prev. Close Volume Bid Ask Time
1.0023575 2025-05-09 04:37:18
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