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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

US Dollar/Omani Rial (FOREX:USDOMR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_USDOMR
Open High Low USDOMR Price Change
0.384990 0.385025 0.384935 0.385015 +0.000025
Entry Signal

MarketClub’s Trade Triangles for USDOMR

long term up The long term trend has been UP since May 16th, 2018 at 0.386315

intermediate term down The intermediate term trend has been DOWN since Sep 3rd, 2018 at 0.384825

short term down The short term trend has been DOWN since Oct 10th, 2018 at 0.384885

Smart Scan Analysis for USDOMR

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

+60
Smart Scan Analysis for USDOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.384990 0.385025 0.384935 0.385015 +0.000025
Prev. Close Volume Bid Ask Time
0.384990 0.383720 0.386310 2018-10-15 11:38:05
Want to analyze US Dollar/Omani Rial USDOMR or another symbol? Try our Free Forex Trend Analysis Report.