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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

British Pound/Omani Rial (FOREX:GBPOMR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPOMR
Open High Low GBPOMR Price Change
0.465355 0.468480 0.465330 0.467685 +0.002330
Entry Signal

MarketClub’s Trade Triangles for GBPOMR

long term down The long term trend has been DOWN since May 17th, 2019 at 0.491990

intermediate term down The intermediate term trend has been DOWN since Jul 5th, 2019 at 0.482095

short term up The short term trend has been UP since Aug 14th, 2019 at 0.465165

Smart Scan Analysis for GBPOMR

Based on a pre-defined weighted trend formula for chart analysis, GBPOMR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for GBPOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.465355 0.468480 0.465330 0.467685 +0.002330
Prev. Close Volume Bid Ask Time
0.465355 0.466040 0.469330 2019-08-16 17:27:31
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