Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Omani Rial/US Dollar (FOREX:OMRUSD)
Bear Market Rally (-75) - OMRUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OMRUSD as it may be in the beginning 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 DOWN since Oct 6th, 2023 at 2.5940360
The intermediate-term trend has been UP since Mar 1st, 2024 at 2.6043409
The short-term trend has been DOWN since Mar 13th, 2024 at 2.5975974
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 |
---|---|---|---|---|
2.5977717 | 2.5982940 | 2.5976299 | 2.5978548 | +0.0000830 |
Prev. Close | Volume | Bid | Ask | Time |
2.5977714 | 2024-03-18 23:36:41 |