Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
US Dollar/Omani Rial (FOREX:USDOMR)
Crossroads (-60) - USDOMR 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 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 Feb 1st, 2021 at 0.38522537
The intermediate-term trend has been DOWN since Mar 1st, 2021 at 0.38446281
The short-term trend has been DOWN since Mar 1st, 2021 at 0.38449844
Smart Scan Analysis for USDOMR
Based on our trend formula, USDOMR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).