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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2017.

Omani Rial/South African Rand (FOREX:OMRZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low OMRZAR Price Change
34.3770 34.3785 34.3520 34.3520 -0.0250
Entry Signal

MarketClub’s Trade Triangles for OMRZAR

long term down The long term trend has been DOWN since Apr 1st, 2016 at 38.0195

intermediate term up The intermediate term trend has been UP since Sep 18th, 2017 at 34.3950

short term down The short term trend has been DOWN since Sep 22nd, 2017 at 34.2735

Smart Scan Analysis for OMRZAR

Based on a pre-defined weighted trend formula for chart analysis, OMRZAR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for OMRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.3770 34.3785 34.3520 34.3520 -0.0250
Prev. Close Volume Bid Ask Time
34.3770 34.2560 34.4480 2017-09-24 15:32:59
Want to analyze Omani Rial/South African Rand OMRZAR or another symbol? Try our Free Forex Trend Analysis Report.