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Forex Trend Analysis Report

Prepared for you on Tuesday, September 25, 2018.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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
9.53975 9.54110 9.53960 9.54070 +0.00095
Entry Signal

MarketClub’s Trade Triangles for OMRAED

long term up The long term trend has been UP since Sep 2nd, 2018 at 9.58015

intermediate term up The intermediate term trend has been UP since Aug 20th, 2018 at 9.55305

short term up The short term trend has been UP since Sep 23rd, 2018 at 9.54655

Smart Scan Analysis for OMRAED

Based on a pre-defined weighted trend formula for chart analysis, OMRAED scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for OMRAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.53975 9.54110 9.53960 9.54070 +0.00095
Prev. Close Volume Bid Ask Time
9.53975 9.53520 9.54620 2018-09-25 11:45:01
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