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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

US Dollar/Omani Rial (FOREX:USDOMR)

Weak Downtrend (-65) - USDOMR is showing signs of a strengthening downtrend. Monitor USDOMR as it may be building momentum to the downside.

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
0.38497521 0.38502001 0.38489976 0.38501676 +0.00004200
Entry Signal

MarketClub’s Trade Triangles for USDOMR

long term down The long-term trend has been DOWN since Sep 29th, 2020 at 0.38443603

intermediate term down The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 0.38447294

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 0.38490329

Smart Scan Analysis for USDOMR

Based on our trend formula, USDOMR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38497521 0.38502001 0.38489976 0.38501676 +0.00004200
Prev. Close Volume Bid Ask Time
0.38497521 2020-12-04 05:03:38
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