Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
British Pound/Omani Rial (FOREX:GBPOMR)
Bull Market Weakness (+75) - GBPOMR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPOMR as it may be in the beginning stages of a reversal.
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 DOWN since Jul 19th, 2021 at 0.52660642
The intermediate-term trend has been UP since Oct 15th, 2021 at 0.52925554
The short-term trend has been UP since Oct 13th, 2021 at 0.52581910
Smart Scan Analysis for GBPOMR
Based on our trend formula, GBPOMR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).