Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
British Pound/Omani Rial (FOREX:GBPOMR)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GBPOMR
The long term trend has been UP since Oct 16th, 2019 at 0.48751500
The intermediate term trend has been UP since Oct 15th, 2019 at 0.48125500
The short term trend has been DOWN since Jan 3rd, 2020 at 0.50437744
Smart Scan Analysis for GBPOMR
Based on a pre-defined weighted trend formula for chart analysis, GBPOMR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).