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Forex Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

Omani Rial/Norwegian Krone (FOREX:OMRNOK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_OMRNOK
Open High Low OMRNOK Price Change
23.3715 23.4290 23.3405 23.3505 -0.0210
Entry Signal

MarketClub’s Trade Triangles for OMRNOK

long term up The long term trend has been UP since Aug 1st, 2019 at 22.8530

intermediate term up The intermediate term trend has been UP since Jul 23rd, 2019 at 22.4375

short term up The short term trend has been UP since Aug 14th, 2019 at 23.2415

Smart Scan Analysis for OMRNOK

Based on a pre-defined weighted trend formula for chart analysis, OMRNOK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for OMRNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.3715 23.4290 23.3405 23.3505 -0.0210
Prev. Close Volume Bid Ask Time
23.3715 23.2930 23.4080 2019-08-20 14:15:10
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