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Forex Trend Analysis Report

Prepared for you on Thursday, December 5, 2024.

US Dollar/Omani Rial (FOREX:USDOMR)

Crossroads (-60) - USDOMR is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_USDOMR
Open High Low USDOMR Price Change
0.38500214 0.38501769 0.38496624 0.38499797 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for USDOMR

long term down The long-term trend has been DOWN since Nov 1st, 2024 at 0.38441361

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2024 at 0.38512206

short term up The short-term trend has been UP since Dec 2nd, 2024 at 0.38503008

Smart Scan Analysis for USDOMR

Based on our trend formula, USDOMR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38500214 0.38501769 0.38496624 0.38499797 -0.00000400
Prev. Close Volume Bid Ask Time
0.38500214 2024-12-05 21:55:20
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