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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Euro/Omani Rial (FOREX:EUROMR)
Countertrend Down (-85) - EUROMR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EUROMR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EUROMR.
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 EUROMR
The long-term trend has been DOWN since Apr 12th, 2024 at 0.41178
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.41721
The short-term trend has been UP since Apr 18th, 2024 at 0.41101
Smart Scan Analysis for EUROMR
Based on our trend formula, EUROMR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.41212 | 0.41212 | 0.41170 | 0.41186 | -0.00026 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.41212 | 2024-04-24 02:54:14 |