Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
US Dollar/Omani Rial (FOREX:USDOMR)
Long-Term Downtrend (-90) - USDOMR is in a strong downtrend that is likely to continue. While USDOMR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Jan 21st, 2024 at 0.38423366
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 0.38486052
The short-term trend has been DOWN since Apr 17th, 2024 at 0.38486461
Smart Scan Analysis for USDOMR
Based on our trend formula, USDOMR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38494255 | 0.38512228 | 0.38481499 | 0.38494708 | +0.00000500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38494255 | 2024-04-17 20:28:08 |