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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Euro/Omani Rial (FOREX:EUROMR)

Strong Downtrend (-100) - EUROMR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EUROMR continues to fall. Traders should use caution and set stops.

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
0.40168 0.40207 0.39436 0.39436 -0.00732
Entry Signal

MarketClub’s Trade Triangles for EUROMR

long term down The long-term trend has been DOWN since Aug 6th, 2021 at 0.45275

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.40480

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 0.40485

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).

-100
Smart Scan Analysis for EUROMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.40168 0.40207 0.39436 0.39436 -0.00732
Prev. Close Volume Bid Ask Time
0.40168 2022-07-05 12:35:06
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