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Forex Trend Analysis Report

Prepared for you on Monday, July 13, 2020.

Omani Rial/United Arab Emirates Dirham (FOREX:OMRAED)

Crossroads (+60) - OMRAED is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
9.540588 9.541231 9.539864 9.541231 +0.000643
Entry Signal

MarketClub’s Trade Triangles for OMRAED

long term up The long-term trend has been UP since Jun 7th, 2020 at 9.562018

intermediate term down The intermediate-term trend has been DOWN since Jun 17th, 2020 at 9.532595

short term down The short-term trend has been DOWN since Jul 9th, 2020 at 9.539712

Smart Scan Analysis for OMRAED

Based on our trend formula, OMRAED is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for OMRAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.540588 9.541231 9.539864 9.541231 +0.000643
Prev. Close Volume Bid Ask Time
9.540588 9.535497 9.546966 2020-07-13 06:15:58
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