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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Omani Rial/Euro (FOREX:OMREUR)
Weak Downtrend (-65) - OMREUR is showing signs of a strengthening downtrend. Monitor OMREUR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid OMREUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMREUR.
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 OMREUR
The long-term trend has been UP since Apr 12th, 2024 at 2.4285135
The intermediate-term trend has been DOWN since May 6th, 2024 at 2.4087994
The short-term trend has been DOWN since May 2nd, 2024 at 2.4209291
Smart Scan Analysis for OMREUR
Based on our trend formula, OMREUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.416775 | 2.416775 | 2.416775 | 2.416775 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.416775 | 2024-05-09 00:03:38 |