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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Omani Rial/Euro (FOREX:OMREUR)
Long-Term Uptrend (+90) - OMREUR is in a strong uptrend that is likely to continue. While OMREUR 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 OMREUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMREUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OMREUR
The long-term trend has been UP since Nov 5th, 2024 at 2.4103089
The intermediate-term trend has been UP since Nov 6th, 2024 at 2.4174761
The short-term trend has been UP since Dec 18th, 2024 at 2.4779805
Smart Scan Analysis for OMREUR
Based on our trend formula, OMREUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.4987233 | 2.5002852 | 2.4952317 | 2.4979743 | -0.0007490 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.4979743 | 2024-12-24 21:00:04 |