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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

US Dollar/Omani Rial (FOREX:USDOMR)

Bear Market Rally (-75) - USDOMR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDOMR as it may be in the beginning of a reversal.

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
0.38508000 0.38516378 0.38445892 0.38502874 -0.00005100
Entry Signal

MarketClub’s Trade Triangles for USDOMR

long term down The long-term trend has been DOWN since Mar 20th, 2020 at 0.38434903

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2020 at 0.38434903

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 0.38448670

Smart Scan Analysis for USDOMR

Based on our trend formula, USDOMR is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for USDOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38508000 0.38516378 0.38445892 0.38502874 -0.00005100
Prev. Close Volume Bid Ask Time
0.38508000 0.38365674 0.38640074 2020-04-01 11:56:39
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