Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Omani Rial/United Arab Emirates Dirham (FOREX:OMRAED)
Bear Market Rally (-75) - OMRAED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OMRAED as it may be in the beginning of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for OMRAED
The long-term trend has been DOWN since Jul 11th, 2024 at 9.526390
The intermediate-term trend has been DOWN since Jul 11th, 2024 at 9.527472
The short-term trend has been DOWN since Jul 24th, 2024 at 9.541091
Smart Scan Analysis for OMRAED
Based on our trend formula, OMRAED is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.541410 | 9.541776 | 9.538940 | 9.540158 | -0.001252 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.541410 | 2024-07-26 14:00:14 |