Forex Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
Omani Rial/Euro (FOREX:OMREUR)
Weak Uptrend (+65) - OMREUR is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for OMREUR
The long-term trend has been UP since Sep 14th, 2023 at 2.4381056
The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 2.4430494
The short-term trend has been UP since Nov 30th, 2023 at 2.3765125
Smart Scan Analysis for OMREUR
Based on our trend formula, OMREUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).