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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

British Pound/Omani Rial (FOREX:GBPOMR)

Sidelines Mode (-55) - GBPOMR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_GBPOMR
Open High Low GBPOMR Price Change
0.47685914 0.47822752 0.47492894 0.47743107 +0.00057200
Entry Signal

MarketClub’s Trade Triangles for GBPOMR

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 0.49171018

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 0.49090597

short term up The short-term trend has been UP since Mar 26th, 2020 at 0.45937302

Smart Scan Analysis for GBPOMR

Based on our trend formula, GBPOMR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBPOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.47685914 0.47822752 0.47492894 0.47743107 +0.00057200
Prev. Close Volume Bid Ask Time
0.47685914 0.47572904 0.47913310 2020-04-01 14:20:19
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