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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 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.

FOREX_OMREUR
Open High Low OMREUR Price Change
2.426451 2.426451 2.426451 2.426451 0.000000
Entry Signal

MarketClub’s Trade Triangles for OMREUR

long term up The long-term trend has been UP since Apr 12th, 2024 at 2.4285135

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2024 at 2.4078713

short term up The short-term trend has been UP since Jun 14th, 2024 at 2.4225126

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).

+90
Smart Scan Analysis for OMREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.426451 2.426451 2.426451 2.426451 0.000000
Prev. Close Volume Bid Ask Time
2.426451 2024-06-15 17:06:47
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