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Forex Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
Omani Rial/Euro (FOREX:OMREUR)
Countertrend Down (-85) - OMREUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Jun 22nd, 2020 at 2.3073118
The intermediate-term trend has been DOWN since Jun 22nd, 2020 at 2.3073118
The short-term trend has been UP since Sep 16th, 2020 at 2.1960402
Smart Scan Analysis for OMREUR
Based on our trend formula, OMREUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.1923331 | 2.1923331 | 2.1888301 | 2.1914203 | -0.0009130 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.1923331 | 2.1842168 | 2.1986237 | 2020-09-18 03:56:46 |