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Forex Trend Analysis Report

Prepared for you on Tuesday, November 19, 2024.

Omani Rial/British Pound (FOREX:OMRGBP)

Long-Term Uptrend (+90) - OMRGBP is in a strong uptrend that is likely to continue. While OMRGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
2.0492651 2.0558719 2.0492651 2.0530990 +0.0038340
Entry Signal

MarketClub’s Trade Triangles for OMRGBP

long term up The long-term trend has been UP since Nov 14th, 2024 at 2.0499547

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2024 at 1.9847310

short term up The short-term trend has been UP since Nov 6th, 2024 at 2.0186529

Smart Scan Analysis for OMRGBP

Based on our trend formula, OMRGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for OMRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0492651 2.0558719 2.0492651 2.0530990 +0.0038340
Prev. Close Volume Bid Ask Time
2.0492651 2024-11-19 08:42:30
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