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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

Omani Rial/Euro (FOREX:OMREUR)

Bull Market Weakness (+75) - OMREUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMREUR as it may be in the beginning stages of a reversal.

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
2.4196404 2.4217499 2.4185285 2.4185285 -0.0011120
Entry Signal

MarketClub’s Trade Triangles for OMREUR

long term up The long-term trend has been UP since Apr 12th, 2024 at 2.4285135

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2024 at 2.4078713

short term down The short-term trend has been DOWN since Jun 18th, 2024 at 2.4189965

Smart Scan Analysis for OMREUR

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

+75
Smart Scan Analysis for OMREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4196404 2.4217499 2.4185285 2.4185285 -0.0011120
Prev. Close Volume Bid Ask Time
2.4196404 2024-06-19 06:47:44
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