Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
Qatari Rial/United Arab Emirates Dirham (FOREX:QARAED)
Strong Downtrend (-100) - QARAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for QARAED
The long-term trend has been DOWN since Aug 3rd, 2020 at 0.9991418
The intermediate-term trend has been DOWN since Jul 31st, 2020 at 1.0031528
The short-term trend has been DOWN since Aug 12th, 2020 at 1.0033917
Smart Scan Analysis for QARAED
Based on our trend formula, QARAED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0060976 | 1.0063758 | 1.0060976 | 1.0063062 | +0.0002090 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0060976 | 1.0057266 | 1.0068858 | 2020-08-14 01:47:09 |