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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Omani Rial/British Pound (FOREX:OMRGBP)
Long-Term Uptrend (+90) - OMRGBP is in a strong uptrend that is likely to continue. While OMRGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for OMRGBP
The long-term trend has been UP since Nov 14th, 2024 at 2.0499547
The intermediate-term trend has been UP since Oct 7th, 2024 at 1.9847310
The short-term trend has been UP since Nov 6th, 2024 at 2.0186529
Smart Scan Analysis for OMRGBP
Based on our trend formula, OMRGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.0470758 | 2.0478126 | 2.0470758 | 2.0477350 | +0.0006590 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.0470758 | 2024-11-20 01:29:24 |