Forex Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
Omani Rial/US Dollar (FOREX:OMRUSD)
Sidelines Mode (+55) - OMRUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
MarketClub’s Trade Triangles for OMRUSD
The long-term trend has been UP since Jun 15th, 2022 at 2.6014237
The intermediate-term trend has been UP since May 17th, 2022 at 2.6011488
The short-term trend has been DOWN since Jun 15th, 2022 at 2.5969742
Smart Scan Analysis for OMRUSD
Based on our trend formula, OMRUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).