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Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Omani Rial/Euro (FOREX:OMREUR)
Strong Downtrend (-100) - OMREUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OMREUR continues to fall. Traders should use caution and set stops.
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 Nov 11th, 2022 at 2.5125985
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 2.4277470
The short-term trend has been DOWN since Mar 21st, 2023 at 2.4217499
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 |
|---|---|---|---|---|
| 2.4240394 | 2.4251564 | 2.4096120 | 2.4118786 | -0.0121610 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.4240394 | 2023-03-21 18:41:46 |