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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
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 DOWN since Nov 5th, 2024 at 0.41489
The intermediate-term trend has been UP since Jan 22nd, 2025 at 0.40201
The short-term trend has been DOWN since Jan 28th, 2025 at 0.40193
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 |
|---|---|---|---|---|
| 0.39628 | 0.39972 | 0.39628 | 0.39972 | +0.00344 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.39628 | 2025-02-04 22:56:47 |