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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Omani Rial/US Dollar (FOREX:OMRUSD)
Sidelines Mode (-55) - OMRUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OMRUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OMRUSD
The long-term trend has been UP since Nov 1st, 2024 at 2.6013962
The intermediate-term trend has been DOWN since Nov 5th, 2024 at 2.5966128
The short-term trend has been UP since Nov 18th, 2024 at 2.5975339
Smart Scan Analysis for OMRUSD
Based on our trend formula, OMRUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5973595 | 2.5974400 | 2.5972558 | 2.5974400 | +0.0000810 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5973595 | 2024-11-21 05:01:18 |