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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Omani Rial (FOREX:GBPOMR)
Strong Downtrend (-100) - GBPOMR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPOMR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPOMR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPOMR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPOMR
The long-term trend has been DOWN since Apr 10th, 2024 at 0.48225353
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.48699097
The short-term trend has been DOWN since May 8th, 2024 at 0.48066234
Smart Scan Analysis for GBPOMR
Based on our trend formula, GBPOMR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.48110317 | 0.48110317 | 0.47950970 | 0.47974347 | -0.00136000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.48110317 | 2024-05-09 07:41:49 |