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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Omani Rial/US Dollar (FOREX:OMRUSD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_OMRUSD
Open High Low OMRUSD Price Change
2.59800 2.59800 2.59755 2.59775 -0.00025
Entry Signal

MarketClub’s Trade Triangles for OMRUSD

long term up The long term trend has been UP since Jan 7th, 2019 at 2.60200

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2019 at 2.59505

short term down The short term trend has been DOWN since Jan 14th, 2019 at 2.59620

Smart Scan Analysis for OMRUSD

Based on a pre-defined weighted trend formula for chart analysis, OMRUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for OMRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.59800 2.59800 2.59755 2.59775 -0.00025
Prev. Close Volume Bid Ask Time
2.59800 2.58890 2.60660 2019-01-17 04:39:14
Want to analyze Omani Rial/US Dollar OMRUSD or another symbol? Try our Free Forex Trend Analysis Report.