Forex Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
United Arab Emirates Dirham/Qatari Rial (FOREX:AEDQAR)
Sidelines Mode (+55) - AEDQAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AEDQAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDQAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDQAR
The long-term trend has been UP since Aug 2nd, 2021 at 1.0091123
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 0.9885420
The short-term trend has been UP since Sep 20th, 2021 at 0.9965293
Smart Scan Analysis for AEDQAR
Based on our trend formula, AEDQAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).