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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
US Dollar/Omani Rial (FOREX:USDOMR)
Strong Downtrend (-100) - USDOMR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDOMR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDOMR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDOMR.
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 USDOMR
The long-term trend has been DOWN since Jan 21st, 2024 at 0.38423366
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 0.38486052
The short-term trend has been DOWN since May 8th, 2024 at 0.38482355
Smart Scan Analysis for USDOMR
Based on our trend formula, USDOMR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38499579 | 0.38499579 | 0.38451000 | 0.38491294 | -0.00008300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38499579 | 2024-05-09 05:03:26 |