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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

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

Sidelines Mode (+55) - QARAED 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 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
1.0107149 1.0107149 1.0036861 1.0036861 -0.0070290
Entry Signal

MarketClub’s Trade Triangles for QARAED

long term up The long-term trend has been UP since Oct 19th, 2021 at 1.0149837

intermediate term up The intermediate-term trend has been UP since Sep 13th, 2021 at 1.0115912

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 1.0059128

Smart Scan Analysis for QARAED

Based on our trend formula, QARAED is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QARAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0107149 1.0107149 1.0036861 1.0036861 -0.0070290
Prev. Close Volume Bid Ask Time
1.0107149 2021-10-21 10:42:52
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