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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

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
9.53700 9.54080 9.53635 9.53850 +0.00150
Entry Signal

MarketClub’s Trade Triangles for OMRAED

long term up The long term trend has been UP since May 30th, 2017 at 9.54840

intermediate term down The intermediate term trend has been DOWN since Dec 8th, 2017 at 9.53630

short term up The short term trend has been UP since Dec 14th, 2017 at 9.54215

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
9.53700 9.54080 9.53635 9.53850 +0.00150
Prev. Close Volume Bid Ask Time
9.537 9.53300 9.54400 2017-12-15 15:57:43
Want to analyze Omani Rial/United Arab Emirates Dirham OMRAED or another symbol? Try our Free Forex Trend Analysis Report.