Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, October 15, 2024.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPOMR
The long-term trend has been UP since Jul 10th, 2024 at 0.49493038
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 0.50385297
The short-term trend has been UP since Oct 15th, 2024 at 0.50348288
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.50239607 | 0.50383383 | 0.50219826 | 0.50305983 | +0.00066400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.50239607 | 2024-10-15 18:05:05 |