Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Omani Rial/United Arab Emirates Dirham (FOREX:OMRAED)
Sidelines Mode (+50) - OMRAED is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until OMRAED can gain momentum.
Is it time to buy, sell, or avoid OMRAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OMRAED
The long-term trend has been DOWN since Jan 7th, 2024 at 9.530243
The intermediate-term trend has been UP since Mar 8th, 2024 at 9.549244
The short-term trend has been UP since Mar 28th, 2024 at 9.544003
Smart Scan Analysis for OMRAED
Based on our trend formula, OMRAED is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
9.539562 | 9.546975 | 9.534268 | 9.539621 | +0.000059 |
Prev. Close | Volume | Bid | Ask | Time |
9.539562 | 2024-03-28 17:07:58 |