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.
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 Feb 16th, 2021 at 1.0042125
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).