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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

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

Bull Market Weakness (+75) - QARAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QARAED as it may be in the beginning stages of a reversal.

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
1.0072794 1.0072794 1.0072794 1.0072794 0.0000000
Entry Signal

MarketClub’s Trade Triangles for QARAED

long term up The long-term trend has been UP since Jun 12th, 2024 at 1.0152909

intermediate term up The intermediate-term trend has been UP since Jun 12th, 2024 at 1.0141162

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 1.0015495

Smart Scan Analysis for QARAED

Based on our trend formula, QARAED is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for QARAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0072794 1.0072794 1.0072794 1.0072794 0.0000000
Prev. Close Volume Bid Ask Time
1.0072794 2024-06-16 17:01:46
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