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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
9.54210 9.54210 9.53385 9.54085 -0.00125
Entry Signal

MarketClub’s Trade Triangles for OMRAED

long term down The long term trend has been DOWN since Apr 29th, 2018 at 9.5315

intermediate term down The intermediate term trend has been DOWN since May 17th, 2018 at 9.5067

short term down The short term trend has been DOWN since May 23rd, 2018 at 9.5367

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
9.54210 9.54210 9.53385 9.54085 -0.00125
Prev. Close Volume Bid Ask Time
9.54210 9.53530 9.54640 2018-05-24 20:16:04
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