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Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Omani Rial/Euro (FOREX:OMREUR)
Strong Uptrend (+100) - OMREUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMREUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Aug 6th, 2021 at 2.2087487
The intermediate-term trend has been UP since Jun 13th, 2022 at 2.4703897
The short-term trend has been UP since Jun 29th, 2022 at 2.4700845
Smart Scan Analysis for OMREUR
Based on our trend formula, OMREUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.4895786 | 2.5292488 | 2.4871637 | 2.5284814 | +0.0389030 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.4895786 | 2022-07-05 08:13:08 |