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Forex Trend Analysis Report

Prepared for you on Monday, December 17, 2018.

Omani Rial/Norwegian Krone (FOREX:OMRNOK)

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_OMRNOK
Open High Low OMRNOK Price Change
22.3715 22.4260 22.3515 22.4200 +0.0485
Entry Signal

MarketClub’s Trade Triangles for OMRNOK

long term up The long term trend has been UP since May 1st, 2018 at 20.89305

intermediate term up The intermediate term trend has been UP since Oct 8th, 2018 at 21.52000

short term up The short term trend has been UP since Dec 11th, 2018 at 22.27350

Smart Scan Analysis for OMRNOK

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

+100
Smart Scan Analysis for OMRNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.3715 22.4260 22.3515 22.4200 +0.0485
Prev. Close Volume Bid Ask Time
22.3715 22.3640 22.4760 2018-12-17 11:30:02
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