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Forex Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

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

Bull Market Weakness (+75) - OMRAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
9.540250 9.561837 9.540250 9.540974 +0.000724
Entry Signal

MarketClub’s Trade Triangles for OMRAED

long term up The long-term trend has been UP since Jul 21st, 2022 at 9.562391

intermediate term down The intermediate-term trend has been DOWN since Jul 26th, 2022 at 9.531612

short term up The short-term trend has been UP since Jul 27th, 2022 at 9.560685

Smart Scan Analysis for OMRAED

Based on our trend formula, OMRAED is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for OMRAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.540250 9.561837 9.540250 9.540974 +0.000724
Prev. Close Volume Bid Ask Time
9.540250 2022-08-08 14:19:05
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