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Forex Trend Analysis Report

Prepared for you on Wednesday, August 4, 2021.

United Arab Emirates Dirham/Omani Rial (FOREX:AEDOMR)

Long-Term Downtrend (-90) - AEDOMR is in a strong downtrend that is likely to continue. While AEDOMR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid AEDOMR?

MarketClub looks at technical strength and momentum to determine if the timing is right for AEDOMR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AEDOMR
Open High Low AEDOMR Price Change
0.10481655 0.10482036 0.10466523 0.10482036 +0.00000400
Entry Signal

MarketClub’s Trade Triangles for AEDOMR

long term down The long-term trend has been DOWN since Aug 3rd, 2021 at 0.10463809

intermediate term down The intermediate-term trend has been DOWN since Aug 3rd, 2021 at 0.10463809

short term down The short-term trend has been DOWN since Jul 26th, 2021 at 0.10480324

Smart Scan Analysis for AEDOMR

Based on our trend formula, AEDOMR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AEDOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10481655 0.10482036 0.10466523 0.10482036 +0.00000400
Prev. Close Volume Bid Ask Time
0.10481655 2021-08-04 09:58:39
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