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Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

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.

FOREX_QARAED
Open High Low QARAED Price Change
1.0030543 1.0101837 1.0008983 1.0060558 +0.0030010
Entry Signal

MarketClub’s Trade Triangles for QARAED

long term down The long-term trend has been DOWN since Aug 3rd, 2020 at 0.9991418

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 1.0042125

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 1.0050684

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).

-100
Smart Scan Analysis for QARAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0030543 1.0101837 1.0008983 1.0060558 +0.0030010
Prev. Close Volume Bid Ask Time
1.0030543 2021-02-26 17:12:08
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