Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
Euro/Omani Rial (FOREX:EUROMR)
Strong Uptrend (+100) - EUROMR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EUROMR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid EUROMR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EUROMR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EUROMR
The long-term trend has been UP since Dec 1st, 2020 at 0.46183
The intermediate-term trend has been UP since Nov 6th, 2020 at 0.45727
The short-term trend has been UP since Nov 24th, 2020 at 0.45778
Smart Scan Analysis for EUROMR
Based on our trend formula, EUROMR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).