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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Omani Rial/United Arab Emirates Dirham (FOREX:OMRAED)
Countertrend Up (+85) - OMRAED is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for OMRAED
The long-term trend has been UP since Nov 8th, 2024 at 9.569580
The intermediate-term trend has been UP since Jan 6th, 2025 at 9.548474
The short-term trend has been DOWN since Jan 20th, 2025 at 9.534514
Smart Scan Analysis for OMRAED
Based on our trend formula, OMRAED is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.536846 | 9.553636 | 9.533108 | 9.547205 | +0.010359 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.536846 | 2025-01-20 09:28:12 |