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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.

FOREX_OMREUR
Open High Low OMREUR Price Change
2.3956422 2.4089154 2.3956422 2.4068282 +0.0111860
Entry Signal

MarketClub’s Trade Triangles for OMREUR

long term up The long-term trend has been UP since Sep 14th, 2023 at 2.4381056

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 2.4430494

short term up 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).

+65
Smart Scan Analysis for OMREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3956422 2.4089154 2.3956422 2.4068282 +0.0111860
Prev. Close Volume Bid Ask Time
2.3956422 2023-12-05 21:53:02
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