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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

Omani Rial/Swedish Krona (FOREX:OMRSEK)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_OMRSEK
Open High Low OMRSEK Price Change
22.98645 23.08970 22.92840 23.00530 +0.01885
Entry Signal

MarketClub’s Trade Triangles for OMRSEK

long term up The long term trend has been UP since Apr 2nd, 2018 at 21.78315

intermediate term down The intermediate term trend has been DOWN since Jun 12th, 2018 at 22.44090

short term down The short term trend has been DOWN since Jun 22nd, 2018 at 23.01660

Smart Scan Analysis for OMRSEK

Based on a pre-defined weighted trend formula for chart analysis, OMRSEK scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for OMRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.98645 23.08970 22.92840 23.00530 +0.01885
Prev. Close Volume Bid Ask Time
22.98645 22.94430 23.06630 2018-06-22 14:05:08
Want to analyze Omani Rial/Swedish Krona OMRSEK or another symbol? Try our Free Forex Trend Analysis Report.