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Forex Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

Omani Rial/Euro (FOREX:OMREUR)

Crossroads (-60) - OMREUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_OMREUR
Open High Low OMREUR Price Change
2.1637288 2.1637288 2.1542664 2.1549627 -0.0087660
Entry Signal

MarketClub’s Trade Triangles for OMREUR

long term up The long-term trend has been UP since Mar 5th, 2021 at 2.1728497

intermediate term down The intermediate-term trend has been DOWN since Apr 13th, 2021 at 2.1745980

short term down The short-term trend has been DOWN since Apr 6th, 2021 at 2.2052903

Smart Scan Analysis for OMREUR

Based on our trend formula, OMREUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for OMREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1637288 2.1637288 2.1542664 2.1549627 -0.0087660
Prev. Close Volume Bid Ask Time
2.1637288 2021-05-06 14:35:34
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