Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Omani Rial/Euro (FOREX:OMREUR)
Strong Uptrend (+100) - OMREUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMREUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid OMREUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMREUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMREUR
The long-term trend has been UP since Mar 5th, 2021 at 2.1728497
The intermediate-term trend has been UP since Mar 2nd, 2021 at 2.1608767
The short-term trend has been UP since Feb 26th, 2021 at 2.1425426
Smart Scan Analysis for OMREUR
Based on our trend formula, OMREUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).