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Forex Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
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 Aug 6th, 2021 at 2.2087487
The intermediate-term trend has been UP since Jan 25th, 2022 at 2.3059816
The short-term trend has been UP since Jan 18th, 2022 at 2.2828191
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 |
|---|---|---|---|---|
| 2.3295104 | 2.3339143 | 2.3269085 | 2.3278293 | -0.0016810 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.3295104 | 2022-01-28 11:59:33 |