Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Euro/Omani Rial (FOREX:EUROMR)
Sidelines Mode (+55) - EUROMR 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 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.
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MarketClub’s Trade Triangles for EUROMR
The long-term trend has been UP since Dec 22nd, 2023 at 0.42383
The intermediate-term trend has been UP since Mar 6th, 2024 at 0.41852
The short-term trend has been DOWN since Mar 14th, 2024 at 0.41992
Smart Scan Analysis for EUROMR
Based on our trend formula, EUROMR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.41867 | 0.41867 | 0.41721 | 0.41771 | -0.00096 |
Prev. Close | Volume | Bid | Ask | Time |
0.41867 | 2024-03-19 07:57:35 |