Forex Trend Analysis Report
Prepared for you on Wednesday, September 22, 2021.
United Arab Emirates Dirham/Omani Rial (FOREX:AEDOMR)
Sidelines Mode (-55) - AEDOMR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AEDOMR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDOMR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDOMR
The long-term trend has been DOWN since Sep 14th, 2021 at 0.10463526
The intermediate-term trend has been DOWN since Sep 7th, 2021 at 0.10467681
The short-term trend has been UP since Sep 21st, 2021 at 0.10482239
Smart Scan Analysis for AEDOMR
Based on our trend formula, AEDOMR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).