Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
British Pound/Omani Rial (FOREX:GBPOMR)
Countertrend Up (+85) - GBPOMR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GBPOMR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPOMR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPOMR
The long-term trend has been UP since Jul 27th, 2020 at 0.49294455
The intermediate-term trend has been UP since Nov 6th, 2020 at 0.50702710
The short-term trend has been DOWN since Feb 25th, 2021 at 0.53786003
Smart Scan Analysis for GBPOMR
Based on our trend formula, GBPOMR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).