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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Omani Rial/United Arab Emirates Dirham (FOREX:OMRAED)

Weak Uptrend (+65) - OMRAED is showing signs of weakening momentum to the upside. Monitor OMRAED as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid OMRAED?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMRAED.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_OMRAED
Open High Low OMRAED Price Change
9.541175 9.544504 9.534793 9.540694 -0.000481
Entry Signal

MarketClub’s Trade Triangles for OMRAED

long term up The long-term trend has been UP since Apr 18th, 2024 at 9.550920

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 9.548033

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 9.536006

Smart Scan Analysis for OMRAED

Based on our trend formula, OMRAED is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for OMRAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.541175 9.544504 9.534793 9.540694 -0.000481
Prev. Close Volume Bid Ask Time
9.541175 2024-04-24 07:20:01
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