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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

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.

FOREX_USDOMR
Open High Low USDOMR Price Change
0.38499882 0.38504535 0.38443044 0.38498000 -0.00001900
Entry Signal

MarketClub’s Trade Triangles for USDOMR

long term up The long-term trend has been UP since Feb 1st, 2021 at 0.38522537

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2021 at 0.38446281

short term down The short-term trend has been DOWN since Mar 1st, 2021 at 0.38449844

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).

-60
Smart Scan Analysis for USDOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38499882 0.38504535 0.38443044 0.38498000 -0.00001900
Prev. Close Volume Bid Ask Time
0.38499882 2021-03-03 08:38:19
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