Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
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 Jul 15th, 2022 at 0.38540582
The intermediate-term trend has been DOWN since Jul 21st, 2022 at 0.38441166
The short-term trend has been DOWN since Aug 11th, 2022 at 0.38445822
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).