Forex Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
British Pound/Omani Rial (FOREX:GBPOMR)
Strong Uptrend (+100) - GBPOMR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPOMR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jul 27th, 2020 at 0.49294455
The intermediate-term trend has been UP since Jul 13th, 2020 at 0.48744623
The short-term trend has been UP since Jul 20th, 2020 at 0.48619772
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).