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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Omani Rial/Euro (FOREX:OMREUR)

Crossroads (+60) - OMREUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_OMREUR
Open High Low OMREUR Price Change
2.4006457 2.4108319 2.3997815 2.4078713 +0.0072260
Entry Signal

MarketClub’s Trade Triangles for OMREUR

long term down The long-term trend has been DOWN since Dec 22nd, 2023 at 2.3585757

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 2.3969055

short term up The short-term trend has been UP since Mar 27th, 2024 at 2.3969055

Smart Scan Analysis for OMREUR

Based on our trend formula, OMREUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for OMREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4006457 2.4108319 2.3997815 2.4078713 +0.0072260
Prev. Close Volume Bid Ask Time
2.4006457 2024-03-28 17:07:57
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