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Forex Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

Omani Rial/US Dollar (FOREX:OMRUSD)

Sidelines Mode (-50) - OMRUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until OMRUSD can gain momentum.

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
2.5976112 2.5976112 2.5973772 2.5973772 -0.0002340
Entry Signal

MarketClub’s Trade Triangles for OMRUSD

long term up The long-term trend has been UP since Mar 15th, 2021 at 2.6014634

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2021 at 2.5957059

short term down The short-term trend has been DOWN since Apr 15th, 2021 at 2.5970463

Smart Scan Analysis for OMRUSD

Based on our trend formula, OMRUSD is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for OMRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5976112 2.5976112 2.5973772 2.5973772 -0.0002340
Prev. Close Volume Bid Ask Time
2.5976112 2021-05-11 04:17:57
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