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Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 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
9.541829 9.545477 9.531827 9.531827 -0.010002
Entry Signal

MarketClub’s Trade Triangles for OMRAED

long term up The long-term trend has been UP since Apr 18th, 2024 at 9.550920

intermediate term down The intermediate-term trend has been DOWN since Jun 21st, 2024 at 9.533566

short term down The short-term trend has been DOWN since Jun 21st, 2024 at 9.535098

Smart Scan Analysis for OMRAED

Based on our trend formula, OMRAED is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for OMRAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.541829 9.545477 9.531827 9.531827 -0.010002
Prev. Close Volume Bid Ask Time
9.531827 2024-06-21 21:58:40
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