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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

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 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.

FOREX_OMRAED
Open High Low OMRAED Price Change
9.540450 9.540450 9.540040 9.540164 -0.000286
Entry Signal

MarketClub’s Trade Triangles for OMRAED

long term down The long-term trend has been DOWN since Jan 7th, 2024 at 9.530243

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2024 at 9.549244

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 9.538198

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).

-65
Smart Scan Analysis for OMRAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.540450 9.540450 9.540040 9.540164 -0.000286
Prev. Close Volume Bid Ask Time
9.540450 2024-03-19 07:36:34
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