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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Omani Rial/US Dollar (FOREX:OMRUSD)
Bull Market Weakness (+75) - OMRUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMRUSD as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for OMRUSD
The long-term trend has been UP since Nov 1st, 2024 at 2.6013962
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 2.5969772
The short-term trend has been UP since Dec 24th, 2024 at 2.5976449
Smart Scan Analysis for OMRUSD
Based on our trend formula, OMRUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5974478 | 2.6015153 | 2.5973622 | 2.5991422 | +0.0016940 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6007659 | 2024-12-24 21:00:04 |