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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Omani Rial/British Pound (FOREX:OMRGBP)

Weak Downtrend (-65) - OMRGBP is showing signs of a strengthening downtrend. Monitor OMRGBP as it may be building momentum to the downside.

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
2.0191758 2.0200769 2.0181680 2.0187116 -0.0004640
Entry Signal

MarketClub’s Trade Triangles for OMRGBP

long term down The long-term trend has been DOWN since Jul 10th, 2024 at 2.0205123

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 2.0268977

short term up The short-term trend has been UP since Jul 18th, 2024 at 2.0060911

Smart Scan Analysis for OMRGBP

Based on our trend formula, OMRGBP is rated as a -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
2.0191758 2.0200769 2.0181680 2.0187116 -0.0004640
Prev. Close Volume Bid Ask Time
2.0191758 2024-07-26 14:00:15
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