Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

British Pound/Omani Rial (FOREX:GBPOMR)

Long-Term Downtrend (-90) - GBPOMR is in a strong downtrend that is likely to continue. While GBPOMR is showing intraday strength, it remains in the confines of a bearish trend. 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
0.47282242 0.47307426 0.47145651 0.47245935 -0.00036300
Entry Signal

MarketClub’s Trade Triangles for GBPOMR

long term down The long-term trend has been DOWN since Sep 15th, 2023 at 0.47669042

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2023 at 0.49164692

short term down The short-term trend has been DOWN since Sep 14th, 2023 at 0.47985666

Smart Scan Analysis for GBPOMR

Based on our trend formula, GBPOMR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.47282242 0.47307426 0.47145651 0.47245935 -0.00036300
Prev. Close Volume Bid Ask Time
0.47282242 2023-09-22 10:05:58
Get a free daily analysis and signals for British Pound/Omani Rial (GBPOMR) - Request Your Free Report.