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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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
1.0081181 1.0097635 1.0045157 1.0082888 +0.0001710
Entry Signal

MarketClub’s Trade Triangles for QARAED

long term down The long-term trend has been DOWN since Feb 5th, 2024 at 0.9964755

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 1.0123848

short term up The short-term trend has been UP since Mar 18th, 2024 at 1.0071912

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
1.0081181 1.0097635 1.0045157 1.0082888 +0.0001710
Prev. Close Volume Bid Ask Time
1.0081181 2024-03-28 12:59:08
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