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Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Qatari Rial/United Arab Emirates Dirham (FOREX:QARAED)
Long-Term Uptrend (+90) - QARAED is in a strong uptrend that is likely to continue. While QARAED is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for QARAED
The long-term trend has been UP since Oct 19th, 2021 at 1.0149837
The intermediate-term trend has been UP since Sep 13th, 2021 at 1.0115912
The short-term trend has been UP since Oct 25th, 2021 at 1.0107149
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0105030 | 1.0110694 | 1.0068995 | 1.0075847 | -0.0029180 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0105030 | 2021-10-25 20:03:30 |