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Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

Omani Rial/Icelandic Krona (FOREX:OMRISK)

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_OMRISK
Open High Low OMRISK Price Change
318.83 318.94 317.65 317.74 -1.09
Entry Signal

MarketClub’s Trade Triangles for OMRISK

long term up The long term trend has been UP since May 4th, 2018 at 266.31115

intermediate term down The intermediate term trend has been DOWN since Dec 4th, 2018 at 317.89000

short term down The short term trend has been DOWN since Dec 17th, 2018 at 319.70500

Smart Scan Analysis for OMRISK

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

-70
Smart Scan Analysis for OMRISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
318.83 318.94 317.65 317.74 -1.09
Prev. Close Volume Bid Ask Time
318.83 316.28 319.20 2018-12-18 06:19:36
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