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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

Omani Rial/Swedish Krona (FOREX:OMRSEK)

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_OMRSEK
Open High Low OMRSEK Price Change
23.4165 23.4180 23.4075 23.4075 -0.0090
Entry Signal

MarketClub’s Trade Triangles for OMRSEK

long term down The long term trend has been DOWN since Jan 1st, 2019 at 23.0350

intermediate term down The intermediate term trend has been DOWN since Dec 20th, 2018 at 23.2460

short term up The short term trend has been UP since Jan 14th, 2019 at 23.2345

Smart Scan Analysis for OMRSEK

Based on a pre-defined weighted trend formula for chart analysis, OMRSEK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for OMRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.4165 23.4180 23.4075 23.4075 -0.0090
Prev. Close Volume Bid Ask Time
23.4165 23.3460 23.4690 2019-01-18 03:02:32
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