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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Omani Rial/Pakistani Rupee (FOREX:OMRPKR)

Long-Term Downtrend (-90) - OMRPKR is in a strong downtrend that is likely to continue. While OMRPKR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_OMRPKR
Open High Low OMRPKR Price Change
742.32640 742.32640 403.97411 403.97411 -338.35229
Entry Signal

MarketClub’s Trade Triangles for OMRPKR

long term down The long-term trend has been DOWN since Oct 17th, 2023 at 718.6268

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2023 at 728.2434

short term down The short-term trend has been DOWN since Nov 21st, 2023 at 748.0316

Smart Scan Analysis for OMRPKR

Based on our trend formula, OMRPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OMRPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
742.32640 742.32640 403.97411 403.97411 -338.35229
Prev. Close Volume Bid Ask Time
742.21760 2023-11-24 13:45:42
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