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.
MarketClub’s Trade Triangles for EUROMR
The long-term trend has been DOWN since Feb 7th, 2020 at 0.42245
The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.42701
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).