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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Omani Rial/British Pound (FOREX:OMRGBP)

Bear Market Rally (-75) - OMRGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OMRGBP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid OMRGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMRGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_OMRGBP
Open High Low OMRGBP Price Change
1.8608673 1.8665477 1.8588620 1.8665477 +0.0056800
Entry Signal

MarketClub’s Trade Triangles for OMRGBP

long term down The long-term trend has been DOWN since Jul 27th, 2020 at 2.0286494

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2020 at 1.9194280

short term up The short-term trend has been UP since Feb 25th, 2021 at 1.8592391

Smart Scan Analysis for OMRGBP

Based on our trend formula, OMRGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for OMRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8608673 1.8665477 1.8588620 1.8665477 +0.0056800
Prev. Close Volume Bid Ask Time
1.8608673 2021-02-26 17:12:07
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