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Forex Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

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
0.9951288 0.9959838 0.9933668 0.9950251 -0.0001040
Entry Signal

MarketClub’s Trade Triangles for QARAED

long term up The long-term trend has been UP since Jun 16th, 2022 at 1.0165593

intermediate term up The intermediate-term trend has been UP since Jun 16th, 2022 at 1.0144264

short term down The short-term trend has been DOWN since Jun 22nd, 2022 at 1.0023099

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
0.9951288 0.9959838 0.9933668 0.9950251 -0.0001040
Prev. Close Volume Bid Ask Time
0.9951288 2022-06-30 03:35:50
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