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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Omani Rial (FOREX:USDOMR)
Sidelines Mode (+55) - USDOMR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for USDOMR
The long-term trend has been DOWN since Nov 1st, 2024 at 0.38441361
The intermediate-term trend has been UP since Nov 5th, 2024 at 0.38512206
The short-term trend has been DOWN since Nov 18th, 2024 at 0.38498572
Smart Scan Analysis for USDOMR
Based on our trend formula, USDOMR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38501583 | 0.38502012 | 0.38501583 | 0.38502012 | +0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38501583 | 2024-11-20 01:29:24 |