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.
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MarketClub’s Trade Triangles for OMREUR
The long-term trend has been DOWN since Dec 22nd, 2023 at 2.3585757
The intermediate-term trend has been UP since Mar 27th, 2024 at 2.3969055
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).
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 |