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Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

Omani Rial/Euro (FOREX:OMREUR)

Long-Term Downtrend (-90) - OMREUR is in a strong downtrend that is likely to continue. While OMREUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.

FOREX_OMREUR
Open High Low OMREUR Price Change
2.3810961 2.3964459 2.3810961 2.3959292 +0.0148330
Entry Signal

MarketClub’s Trade Triangles for OMREUR

long term down The long-term trend has been DOWN since Nov 11th, 2022 at 2.5125985

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 2.4277470

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 2.4217499

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
2.3810961 2.3964459 2.3810961 2.3959292 +0.0148330
Prev. Close Volume Bid Ask Time
2.3810961 2023-03-31 17:17:43
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