Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Omani Rial/British Pound (FOREX:OMRGBP)
Weak Uptrend (+65) - OMRGBP is showing signs of weakening momentum to the upside. Monitor OMRGBP as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for OMRGBP
The long-term trend has been UP since Feb 28th, 2020 at 2.0337438
The intermediate-term trend has been UP since May 12th, 2020 at 2.1186647
The short-term trend has been DOWN since May 26th, 2020 at 2.1223687
Smart Scan Analysis for OMRGBP
Based on our trend formula, OMRGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).