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Forex Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
US Dollar/Omani Rial (FOREX:USDOMR)
Sidelines Mode (+55) - USDOMR 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 USDOMR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDOMR.
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 USDOMR
The long-term trend has been UP since Nov 12th, 2021 at 0.38520692
The intermediate-term trend has been UP since Dec 24th, 2021 at 0.38525709
The short-term trend has been DOWN since Jan 17th, 2022 at 0.38446448
Smart Scan Analysis for USDOMR
Based on our trend formula, USDOMR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38499000 | 0.38501505 | 0.38493362 | 0.38499143 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38499000 | 2022-01-21 16:51:36 |