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Forex Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

Omani Rial/British Pound (FOREX:OMRGBP)

Countertrend Down (-85) - OMRGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid OMRGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMRGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_OMRGBP
Open High Low OMRGBP Price Change
1.9428555 1.9531725 1.9414892 1.9511237 +0.0082680
Entry Signal

MarketClub’s Trade Triangles for OMRGBP

long term down The long-term trend has been DOWN since Jul 27th, 2020 at 2.0286494

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2020 at 1.9723024

short term up The short-term trend has been UP since Nov 27th, 2020 at 1.9527361

Smart Scan Analysis for OMRGBP

Based on our trend formula, OMRGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for OMRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9428555 1.9531725 1.9414892 1.9511237 +0.0082680
Prev. Close Volume Bid Ask Time
1.9428555 2020-11-27 17:18:55
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