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Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Omani Rial/Pakistani Rupee (FOREX:OMRPKR)

Sidelines Mode (+50) - OMRPKR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until OMRPKR can gain momentum.

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
723.4931 723.6654 723.4931 723.6654 +0.1723
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 up The intermediate-term trend has been UP since Apr 18th, 2024 at 722.4190

short term up The short-term trend has been UP since Jun 20th, 2024 at 723.7936

Smart Scan Analysis for OMRPKR

Based on our trend formula, OMRPKR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for OMRPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
723.4931 723.6654 723.4931 723.6654 +0.1723
Prev. Close Volume Bid Ask Time
723.4931 2024-06-21 17:38:10
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