Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Omani Rial/United Arab Emirates Dirham (FOREX:OMRAED)
Weak Downtrend (-65) - OMRAED is showing signs of a strengthening downtrend. Monitor OMRAED as it may be building momentum to the downside.
Is it time to buy, sell, or avoid
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.
MarketClub’s Trade Triangles for OMRAED
The long-term trend has been DOWN since Dec 29th, 2019 at 9.523161
The intermediate-term trend has been UP since Jan 20th, 2020 at 9.553246
The short-term trend has been DOWN since Feb 11th, 2020 at 9.539904
Smart Scan Analysis for OMRAED
Based on our trend formula, OMRAED is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).