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Forex Trend Analysis Report

Prepared for you on Thursday, May 13, 2021.

Omani Rial/British Pound (FOREX:OMRGBP)

Strong Downtrend (-100) - OMRGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
1.8478757 1.8478757 1.8470715 1.8474502 -0.0004250
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 Apr 19th, 2021 at 1.8715219

short term down The short-term trend has been DOWN since May 7th, 2021 at 1.8669050

Smart Scan Analysis for OMRGBP

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

-100
Smart Scan Analysis for OMRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8478757 1.8478757 1.8470715 1.8474502 -0.0004250
Prev. Close Volume Bid Ask Time
1.8478757 2021-05-13 01:32:44
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