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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.
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MarketClub’s Trade Triangles for EUROMR
The long-term trend has been UP since Nov 11th, 2022 at 0.39800
The intermediate-term trend has been UP since Mar 13th, 2023 at 0.41191
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).
| 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 |