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Forex Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

Euro/Omani Rial (FOREX:EUROMR)

Strong Downtrend (-100) - EUROMR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EUROMR?

MarketClub looks at technical strength and momentum to determine if the timing is right for EUROMR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EUROMR
Open High Low EUROMR Price Change
0.41577 0.41577 0.41514 0.41548 -0.00029
Entry Signal

MarketClub’s Trade Triangles for EUROMR

long term down The long-term trend has been DOWN since Feb 7th, 2020 at 0.42245

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.42701

short term down The short-term trend has been DOWN since Feb 5th, 2020 at 0.42364

Smart Scan Analysis for EUROMR

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

-100
Smart Scan Analysis for EUROMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.41577 0.41577 0.41514 0.41548 -0.00029
Prev. Close Volume Bid Ask Time
0.41577 0.41398 0.41698 2020-02-20 01:43:48
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