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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Omani Rial/Pakistani Rupee (FOREX:OMRPKR)
Bear Market Rally (-75) - OMRPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OMRPKR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid OMRPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRPKR.
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 OMRPKR
The long-term trend has been DOWN since Oct 17th, 2023 at 718.6268
The intermediate-term trend has been UP since Apr 18th, 2024 at 722.4190
The short-term trend has been DOWN since Apr 25th, 2024 at 723.4447
Smart Scan Analysis for OMRPKR
Based on our trend formula, OMRPKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 723.0011 | 723.0382 | 723.0011 | 723.0382 | +0.0371 |
| Prev. Close | Volume | Bid | Ask | Time |
| 723.0011 | 2024-05-08 16:10:18 |