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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.

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FOREX_OMRAED
Open High Low OMRAED Price Change
9.539811 9.543385 9.538027 9.540536 +0.000725
Entry Signal

MarketClub’s Trade Triangles for OMRAED

long term down The long-term trend has been DOWN since Dec 29th, 2019 at 9.523161

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2020 at 9.553246

short term down 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).

-65
Smart Scan Analysis for OMRAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.539811 9.543385 9.538027 9.540536 +0.000725
Prev. Close Volume Bid Ask Time
9.539811 9.534538 9.546534 2020-02-17 21:30:30
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