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Forex Trend Analysis Report

Prepared for you on Sunday, March 7, 2021.

Omani Rial/US Dollar (FOREX:OMRUSD)

Crossroads (-60) - OMRUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid OMRUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMRUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_OMRUSD
Open High Low OMRUSD Price Change
2.5974685 2.5977347 2.5971555 2.5972031 -0.0002650
Entry Signal

MarketClub’s Trade Triangles for OMRUSD

long term down The long-term trend has been DOWN since Dec 21st, 2020 at 2.5959111

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2021 at 2.6010587

short term up The short-term trend has been UP since Mar 1st, 2021 at 2.6008175

Smart Scan Analysis for OMRUSD

Based on our trend formula, OMRUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for OMRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5974685 2.5977347 2.5971555 2.5972031 -0.0002650
Prev. Close Volume Bid Ask Time
2.5974685 2021-03-05 17:04:12
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