Forex Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
US Dollar/Omani Rial (FOREX:USDOMR)
Strong Uptrend (+100) - USDOMR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDOMR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid USDOMR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDOMR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDOMR
The long-term trend has been UP since Aug 3rd, 2020 at 0.38536318
The intermediate-term trend has been UP since Aug 3rd, 2020 at 0.38522855
The short-term trend has been UP since Aug 3rd, 2020 at 0.38520580
Smart Scan Analysis for USDOMR
Based on our trend formula, USDOMR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).