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Forex Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

US Dollar/Omani Rial (FOREX:USDOMR)

Weak Downtrend (-65) - USDOMR is showing signs of a strengthening downtrend. Monitor USDOMR as it may be building momentum to the downside.

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.

FOREX_USDOMR
Open High Low USDOMR Price Change
0.38502816 0.38503807 0.38497338 0.38497338 -0.00005500
Entry Signal

MarketClub’s Trade Triangles for USDOMR

long term up The long-term trend has been UP since Aug 25th, 2023 at 0.38541000

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2023 at 0.38489323

short term down The short-term trend has been DOWN since Sep 28th, 2023 at 0.38493118

Smart Scan Analysis for USDOMR

Based on our trend formula, USDOMR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38502816 0.38503807 0.38497338 0.38497338 -0.00005500
Prev. Close Volume Bid Ask Time
0.38502816 2023-10-02 03:05:37
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