Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Omani Rial/Pakistani Rupee (FOREX:OMRPKR)
Strong Downtrend (-100) - OMRPKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OMRPKR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid OMRPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for OMRPKR
The long-term trend has been DOWN since Oct 17th, 2023 at 718.6268
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 725.6711
The short-term trend has been DOWN since Mar 1st, 2024 at 726.1236
Smart Scan Analysis for OMRPKR
Based on our trend formula, OMRPKR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 722.0921 | 722.0921 | 722.0921 | 722.0921 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 722.0458 | 2024-04-10 12:57:43 |