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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Omani Rial (FOREX:GBPOMR)
Long-Term Downtrend (-90) - GBPOMR is in a strong downtrend that is likely to continue. While GBPOMR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for GBPOMR
The long-term trend has been DOWN since Nov 14th, 2024 at 0.48782185
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 0.50385297
The short-term trend has been DOWN since Nov 6th, 2024 at 0.49538626
Smart Scan Analysis for GBPOMR
Based on our trend formula, GBPOMR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.48850829 | 0.48850829 | 0.48833253 | 0.48835106 | -0.00015700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.48850829 | 2024-11-20 01:29:24 |