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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

British Pound/Omani Rial (FOREX:GBPOMR)

Strong Downtrend (-100) - GBPOMR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPOMR continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GBPOMR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPOMR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPOMR
Open High Low GBPOMR Price Change
0.48722916 0.48732007 0.48419890 0.48463466 -0.00259400
Entry Signal

MarketClub’s Trade Triangles for GBPOMR

long term down The long-term trend has been DOWN since Nov 14th, 2024 at 0.48782185

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2024 at 0.50385297

short term down The short-term trend has been DOWN since Nov 21st, 2024 at 0.48601079

Smart Scan Analysis for GBPOMR

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

-100
Smart Scan Analysis for GBPOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.48722916 0.48732007 0.48419890 0.48463466 -0.00259400
Prev. Close Volume Bid Ask Time
0.48722916 2024-11-21 19:49:02
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