Forex Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
Omani Rial/Pakistani Rupee (FOREX:OMRPKR)
Countertrend Up (+85) - OMRPKR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for OMRPKR
The long-term trend has been UP since Mar 12th, 2020 at 403.27063
The intermediate-term trend has been UP since Mar 12th, 2020 at 401.28697
The short-term trend has been UP since Mar 25th, 2020 at 412.14561
Smart Scan Analysis for OMRPKR
Based on our trend formula, OMRPKR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).