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.
MarketClub’s Trade Triangles for USDOMR
The long-term trend has been DOWN since Mar 20th, 2020 at 0.38434903
The intermediate-term trend has been DOWN since Mar 20th, 2020 at 0.38434903
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).