Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
British Pound/Omani Rial (FOREX:GBPOMR)
Bear Market Rally (-75) - GBPOMR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPOMR as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for GBPOMR
The long-term trend has been DOWN since Jul 19th, 2021 at 0.52660642
The intermediate-term trend has been UP since Jul 27th, 2022 at 0.46731534
The short-term trend has been DOWN since Aug 15th, 2022 at 0.46430029
Smart Scan Analysis for GBPOMR
Based on our trend formula, GBPOMR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).