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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

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
2.2378626 2.2410723 2.2355112 2.2388646 +0.0010020
Entry Signal

MarketClub’s Trade Triangles for OMREUR

long term up The long-term trend has been UP since Aug 6th, 2021 at 2.2087487

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2021 at 2.2150601

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 2.2428316

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
2.2378626 2.2410723 2.2355112 2.2388646 +0.0010020
Prev. Close Volume Bid Ask Time
2.2378626 2021-10-15 17:19:11
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