Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, May 26, 2024.

Omani Rial/British Pound (FOREX:OMRGBP)

Sidelines Mode (-55) - OMRGBP 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 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
2.0412240 2.0412240 2.0398467 2.0398467 -0.0013770
Entry Signal

MarketClub’s Trade Triangles for OMRGBP

long term up The long-term trend has been UP since Apr 10th, 2024 at 2.0736254

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2024 at 2.0629199

short term up The short-term trend has been UP since May 23rd, 2024 at 2.0466476

Smart Scan Analysis for OMRGBP

Based on our trend formula, OMRGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for OMRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0412240 2.0412240 2.0398467 2.0398467 -0.0013770
Prev. Close Volume Bid Ask Time
2.0412240 2024-05-26 21:00:23
Get a free daily analysis and signals for Omani Rial/British Pound (OMRGBP) - Request Your Free Report.