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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Omani Rial/British Pound (FOREX:OMRGBP)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_OMRGBP
Open High Low OMRGBP Price Change
1.98795 1.99560 1.98795 1.99560 +0.00765
Entry Signal

MarketClub’s Trade Triangles for OMRGBP

long term up The long term trend has been UP since May 2nd, 2018 at 1.89260

intermediate term up The intermediate term trend has been UP since Feb 14th, 2019 at 2.02235

short term down The short term trend has been DOWN since Feb 18th, 2019 at 2.01245

Smart Scan Analysis for OMRGBP

Based on a pre-defined weighted trend formula for chart analysis, OMRGBP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for OMRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.98795 1.99560 1.98795 1.99560 +0.00765
Prev. Close Volume Bid Ask Time
1.98795 1.98870 2.00250 2019-02-23 07:39:30
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