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Forex Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

US Dollar/Omani Rial (FOREX:USDOMR)

Strong Uptrend (+100) - USDOMR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDOMR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.38612121 0.38612121 0.38496178 0.38503465 -0.00108700
Entry Signal

MarketClub’s Trade Triangles for USDOMR

long term up The long-term trend has been UP since Aug 3rd, 2020 at 0.38536318

intermediate term up The intermediate-term trend has been UP since Aug 3rd, 2020 at 0.38522855

short term up The short-term trend has been UP since Aug 3rd, 2020 at 0.38520580

Smart Scan Analysis for USDOMR

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

+100
Smart Scan Analysis for USDOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38612121 0.38612121 0.38496178 0.38503465 -0.00108700
Prev. Close Volume Bid Ask Time
0.38612121 0.38375919 0.38631011 2020-08-03 19:10:55
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