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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Omani Rial/Euro (FOREX:OMREUR)
Bear Market Rally (-75) - OMREUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OMREUR as it may be in the beginning 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.
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MarketClub’s Trade Triangles for OMREUR
The long-term trend has been DOWN since Jul 15th, 2024 at 2.3801893
The intermediate-term trend has been DOWN since Jul 8th, 2024 at 2.3961014
The short-term trend has been UP since Jul 24th, 2024 at 2.3958718
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.3922608 | 2.3940936 | 2.3914027 | 2.3925470 | +0.0002860 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.3922608 | 2024-07-26 14:00:15 |