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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

US Dollar/Omani Rial (FOREX:USDOMR)

Strong Downtrend (-100) - USDOMR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDOMR continues to fall. Traders should use caution and set stops.

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
0.38493941 0.38497078 0.38486461 0.38493858 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for USDOMR

long term down The long-term trend has been DOWN since Jan 21st, 2024 at 0.38423366

intermediate term down The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 0.38486052

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 0.38487998

Smart Scan Analysis for USDOMR

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

-100
Smart Scan Analysis for USDOMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38493941 0.38497078 0.38486461 0.38493858 -0.00000100
Prev. Close Volume Bid Ask Time
0.38493941 2024-04-16 18:13:58
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