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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Omani Rial (FOREX:USDOMR)
Countertrend Up (+85) - USDOMR 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 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.
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MarketClub’s Trade Triangles for USDOMR
The long-term trend has been UP since Jun 10th, 2024 at 0.38550885
The intermediate-term trend has been UP since Jul 9th, 2024 at 0.38507965
The short-term trend has been DOWN since Jul 25th, 2024 at 0.38487374
Smart Scan Analysis for USDOMR
Based on our trend formula, USDOMR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38497030 | 0.38497030 | 0.38489714 | 0.38496000 | -0.00001000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38497030 | 2024-07-26 14:00:15 |