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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Omani Rial/Icelandic Krona (FOREX:OMRISK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
305.895 306.495 302.035 304.130 -1.765
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 up The intermediate term trend has been UP since Aug 9th, 2018 at 279.04500

short term up The short term trend has been UP since Oct 1st, 2018 at 289.02000

Smart Scan Analysis for OMRISK

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

+100
Smart Scan Analysis for OMRISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
305.895 306.495 302.035 304.130 -1.765
Prev. Close Volume Bid Ask Time
305.895 302.700 305.560 2018-10-19 14:05:34
Want to analyze Omani Rial/Icelandic Krona OMRISK or another symbol? Try our Free Forex Trend Analysis Report.