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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Omani Rial/United Arab Emirates Dirham (FOREX:OMRAED)

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_OMRAED
Open High Low OMRAED Price Change
9.54095 9.54340 9.54095 9.54340 +0.00245
Entry Signal

MarketClub’s Trade Triangles for OMRAED

long term down The long term trend has been DOWN since Jul 15th, 2018 at 9.50385

intermediate term down The intermediate term trend has been DOWN since Jul 8th, 2018 at 9.53070

short term up The short term trend has been UP since Jul 16th, 2018 at 9.54690

Smart Scan Analysis for OMRAED

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

-55
Smart Scan Analysis for OMRAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.54095 9.54340 9.54095 9.54340 +0.00245
Prev. Close Volume Bid Ask Time
9.54095 9.53780 9.54900 2018-07-18 02:22:29
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