Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Omani Rial/US Dollar (FOREX:OMRUSD)
Crossroads (-60) - OMRUSD is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for OMRUSD
The long-term trend has been DOWN since Dec 21st, 2020 at 2.5959111
The intermediate-term trend has been UP since Mar 1st, 2021 at 2.6010587
The short-term trend has been UP since Mar 1st, 2021 at 2.6008175
Smart Scan Analysis for OMRUSD
Based on our trend formula, OMRUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).