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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Omani Rial/Euro (FOREX:OMREUR)
Sidelines Mode (-55) - OMREUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Nov 5th, 2024 at 2.4103089
The intermediate-term trend has been DOWN since Jan 22nd, 2025 at 2.4875349
The short-term trend has been UP since Jan 28th, 2025 at 2.4880301
Smart Scan Analysis for OMREUR
Based on our trend formula, OMREUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5235044 | 2.5235044 | 2.5019116 | 2.5019116 | -0.0215930 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5029762 | 2025-02-04 21:18:30 |