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Forex Trend Analysis Report
Prepared for you on Friday, December 6, 2024.
Euro/Omani Rial (FOREX:EUROMR)
Bull Market Weakness (+75) - EUROMR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EUROMR as it may be in the beginning stages of a reversal.
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 Nov 5th, 2024 at 0.42087
The short-term trend has been UP since Dec 5th, 2024 at 0.40572
Smart Scan Analysis for EUROMR
Based on our trend formula, EUROMR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.40722 | 0.40853 | 0.40604 | 0.40685 | -0.00037 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.40722 | 2024-12-06 17:06:28 |