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Forex Trend Analysis Report

Prepared for you on Friday, January 24, 2025.

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

Long-Term Uptrend (+90) - OMRAED is in a strong uptrend that is likely to continue. While OMRAED is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
9.541736 9.551452 9.540669 9.541382 -0.000354
Entry Signal

MarketClub’s Trade Triangles for OMRAED

long term up The long-term trend has been UP since Nov 8th, 2024 at 9.569580

intermediate term up The intermediate-term trend has been UP since Jan 6th, 2025 at 9.548474

short term up The short-term trend has been UP since Jan 24th, 2025 at 9.550688

Smart Scan Analysis for OMRAED

Based on our trend formula, OMRAED is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for OMRAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.541736 9.551452 9.540669 9.541382 -0.000354
Prev. Close Volume Bid Ask Time
9.541736 2025-01-24 17:16:44
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