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Forex Trend Analysis Report
Prepared for you on Saturday, April 27, 2024.
Omani Rial/Euro (FOREX:OMREUR)
Countertrend Up (+85) - OMREUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 Apr 12th, 2024 at 2.4285135
The intermediate-term trend has been UP since Mar 27th, 2024 at 2.3969055
The short-term trend has been DOWN since Apr 18th, 2024 at 2.4330632
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 |
|---|---|---|---|---|
| 2.4226887 | 2.4331816 | 2.4188795 | 2.4285724 | +0.0058840 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.4293394 | 2024-04-26 16:29:28 |