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Forex Trend Analysis Report

Prepared for you on Sunday, November 24, 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.

FOREX_OMRUSD
Open High Low OMRUSD Price Change
2.5984802 2.5984802 2.5984802 2.5984802 0.0000000
Entry Signal

MarketClub’s Trade Triangles for OMRUSD

long term up The long-term trend has been UP since Nov 1st, 2024 at 2.6013962

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2024 at 2.5966128

short term up The short-term trend has been UP since Nov 22nd, 2024 at 2.5983725

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).

+75
Smart Scan Analysis for OMRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5984802 2.5984802 2.5984802 2.5984802 0.0000000
Prev. Close Volume Bid Ask Time
2.5984802 2024-11-23 08:22:37
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