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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

Omani Rial/Norwegian Krone (FOREX:OMRNOK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
22.5420 22.6470 22.4985 22.6470 +0.1050
Entry Signal

MarketClub’s Trade Triangles for OMRNOK

long term down The long term trend has been DOWN since Mar 21st, 2019 at 21.8225

intermediate term down The intermediate term trend has been DOWN since May 28th, 2019 at 22.5530

short term up The short term trend has been UP since Jun 13th, 2019 at 22.5365

Smart Scan Analysis for OMRNOK

Based on a pre-defined weighted trend formula for chart analysis, OMRNOK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for OMRNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.5420 22.6470 22.4985 22.6470 +0.1050
Prev. Close Volume Bid Ask Time
22.5420 22.5910 22.7030 2019-06-14 14:10:27
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