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Forex Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

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

Crossroads (-60) - QARAED 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 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
0.9957947 1.0028890 0.9944373 1.0010433 +0.0052490
Entry Signal

MarketClub’s Trade Triangles for QARAED

long term down The long-term trend has been DOWN since Jun 30th, 2022 at 0.9927821

intermediate term up The intermediate-term trend has been UP since Jul 18th, 2022 at 1.0105769

short term up The short-term trend has been UP since Jul 29th, 2022 at 1.0100022

Smart Scan Analysis for QARAED

Based on our trend formula, QARAED is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for QARAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9957947 1.0028890 0.9944373 1.0010433 +0.0052490
Prev. Close Volume Bid Ask Time
0.9957947 2022-08-08 15:26:08
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