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Forex Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

Euro/Omani Rial (FOREX:EUROMR)

Long-Term Uptrend (+90) - EUROMR is in a strong uptrend that is likely to continue. While EUROMR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.42020 0.42057 0.41674 0.41674 -0.00346
Entry Signal

MarketClub’s Trade Triangles for EUROMR

long term up The long-term trend has been UP since Nov 11th, 2022 at 0.39800

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 0.41191

short term up The short-term trend has been UP since Mar 21st, 2023 at 0.41293

Smart Scan Analysis for EUROMR

Based on our trend formula, EUROMR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EUROMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.42020 0.42057 0.41674 0.41674 -0.00346
Prev. Close Volume Bid Ask Time
0.42020 2023-03-23 20:18:45
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