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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Omani Rial/US Dollar (FOREX:OMRUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_OMRUSD
Open High Low OMRUSD Price Change
2.59715 2.60100 2.59715 2.59740 +0.00025
Entry Signal

MarketClub’s Trade Triangles for OMRUSD

long term up The long term trend has been UP since Jun 2nd, 2019 at 2.60085

intermediate term down The intermediate term trend has been DOWN since Sep 2nd, 2019 at 2.59685

short term up The short term trend has been UP since Sep 20th, 2019 at 2.60080

Smart Scan Analysis for OMRUSD

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

+55
Smart Scan Analysis for OMRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.59715 2.60100 2.59715 2.59740 +0.00025
Prev. Close Volume Bid Ask Time
2.59715 2.58820 2.60660 2019-09-20 17:21:39
Want to analyze Omani Rial/US Dollar OMRUSD or another symbol? Try our Free Forex Trend Analysis Report.