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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

Euro/Omani Rial (FOREX:EUROMR)

Bear Market Rally (-75) - EUROMR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EUROMR as it may be in the beginning of a reversal.

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.

FOREX_EUROMR
Open High Low EUROMR Price Change
0.41599 0.41645 0.41322 0.41356 -0.00243
Entry Signal

MarketClub’s Trade Triangles for EUROMR

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 0.41178

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 0.41531

short term up The short-term trend has been UP since Jun 12th, 2024 at 0.41645

Smart Scan Analysis for EUROMR

Based on our trend formula, EUROMR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EUROMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.41599 0.41645 0.41322 0.41356 -0.00243
Prev. Close Volume Bid Ask Time
0.41599 2024-06-13 22:47:06
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