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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Omani Rial/Icelandic Krona (FOREX:OMRISK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_OMRISK
Open High Low OMRISK Price Change
310.735 311.420 310.380 310.845 +0.110
Entry Signal

MarketClub’s Trade Triangles for OMRISK

long term up The long term trend has been UP since May 4th, 2018 at 266.31115

intermediate term down The intermediate term trend has been DOWN since Feb 14th, 2019 at 309.51500

short term down The short term trend has been DOWN since Feb 13th, 2019 at 312.12000

Smart Scan Analysis for OMRISK

Based on a pre-defined weighted trend formula for chart analysis, OMRISK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for OMRISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
310.735 311.420 310.380 310.845 +0.110
Prev. Close Volume Bid Ask Time
310.735 309.400 312.290 2019-02-22 13:16:12
Want to analyze Omani Rial/Icelandic Krona OMRISK or another symbol? Try our Free Forex Trend Analysis Report.