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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

British Pound/Omani Rial (FOREX:GBPOMR)

Weak Downtrend (-65) - GBPOMR is showing signs of a strengthening downtrend. Monitor GBPOMR as it may be building momentum to the downside.

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
0.49898796 0.50024284 0.49893462 0.49895845 -0.00003000
Entry Signal

MarketClub’s Trade Triangles for GBPOMR

long term up The long-term trend has been UP since Jul 10th, 2024 at 0.49493038

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 Oct 16th, 2024 at 0.50214846

Smart Scan Analysis for GBPOMR

Based on our trend formula, GBPOMR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.49898796 0.50024284 0.49893462 0.49895845 -0.00003000
Prev. Close Volume Bid Ask Time
0.49898796 2024-10-25 16:54:49
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