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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Omani Rial/Pakistani Rupee (FOREX:OMRPKR)

Bear Market Rally (-75) - OMRPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OMRPKR as it may be in the beginning of a reversal.

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
723.4811 723.4811 723.4811 723.4811 0.0000
Entry Signal

MarketClub’s Trade Triangles for OMRPKR

long term down The long-term trend has been DOWN since Jul 15th, 2024 at 721.2475

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 723.2475

short term up The short-term trend has been UP since Jul 25th, 2024 at 723.3328

Smart Scan Analysis for OMRPKR

Based on our trend formula, OMRPKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for OMRPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
723.4811 723.4811 723.4811 723.4811 0.0000
Prev. Close Volume Bid Ask Time
723.4811 2024-07-25 11:31:20
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