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Forex Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

US Dollar/Omani Rial (FOREX:USDOMR)

Countertrend Up (+85) - USDOMR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.38497305 0.38502000 0.38448830 0.38497305 0.00000000
Entry Signal

MarketClub’s Trade Triangles for USDOMR

long term up The long-term trend has been UP since Feb 1st, 2021 at 0.38522537

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2021 at 0.38529023

short term up The short-term trend has been UP since Apr 18th, 2021 at 0.38508720

Smart Scan Analysis for USDOMR

Based on our trend formula, USDOMR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38497305 0.38502000 0.38448830 0.38497305 0.00000000
Prev. Close Volume Bid Ask Time
0.38497305 2021-05-11 15:02:49
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