Forex Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
Qatari Rial/United Arab Emirates Dirham (FOREX:QARAED)
Strong Downtrend (-100) - QARAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QARAED continues to fall. 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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QARAED
The long-term trend has been DOWN since Mar 15th, 2023 at 0.9907535
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 0.9917165
The short-term trend has been DOWN since Mar 23rd, 2023 at 0.9987112
Smart Scan Analysis for QARAED
Based on our trend formula, QARAED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).