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Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

Euro/Omani Rial (FOREX:EUROMR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EUROMR
Open High Low EUROMR Price Change
0.43925 0.44119 0.43888 0.44069 +0.00144
Entry Signal

MarketClub’s Trade Triangles for EUROMR

long term down The long term trend has been DOWN since May 2nd, 2018 at 0.46497

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 0.44484

short term up The short term trend has been UP since Nov 15th, 2018 at 0.43638

Smart Scan Analysis for EUROMR

Based on a pre-defined weighted trend formula for chart analysis, EUROMR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for EUROMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.43925 0.44119 0.43888 0.44069 +0.00144
Prev. Close Volume Bid Ask Time
0.43925 0.43919 0.44219 2018-11-19 13:32:17
Want to analyze Euro/Omani Rial EUROMR or another symbol? Try our Free Forex Trend Analysis Report.