Forex Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
Omani Rial/Swedish Krona (FOREX:OMRSEK)
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.
MarketClub’s Trade Triangles for OMRSEK
The long term trend has been UP since Apr 2nd, 2018 at 21.78315
The intermediate term trend has been UP since Aug 8th, 2018 at 23.25850
The short term trend has been UP since Aug 2nd, 2018 at 22.92500
Smart Scan Analysis for OMRSEK
Based on a pre-defined weighted trend formula for chart analysis, OMRSEK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).