Forex Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
Euro/Omani Rial (FOREX:EUROMR)
Strong Uptrend (+100) - EUROMR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EUROMR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jul 14th, 2020 at 0.43929
The intermediate-term trend has been UP since May 20th, 2020 at 0.42213
The short-term trend has been UP since Aug 13th, 2020 at 0.45463
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).