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Forex Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

Euro/Omani Rial (FOREX:EUROMR)

Bull Market Weakness (+75) - EUROMR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EUROMR as it may be in the beginning stages 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
0.42203 0.42458 0.42126 0.42409 +0.00206
Entry Signal

MarketClub’s Trade Triangles for EUROMR

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 0.41503

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 0.42213

short term up The short-term trend has been UP since May 27th, 2020 at 0.42321

Smart Scan Analysis for EUROMR

Based on our trend formula, EUROMR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EUROMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.42203 0.42458 0.42126 0.42409 +0.00206
Prev. Close Volume Bid Ask Time
0.42203 0.42259 0.42559 2020-05-27 20:58:25
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