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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

Omani Rial/South African Rand (FOREX:OMRZAR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

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
36.6965 36.9700 36.2710 36.3100 -0.3865
Entry Signal

MarketClub’s Trade Triangles for OMRZAR

long term up The long term trend has been UP since Sep 28th, 2017 at 35.397

intermediate term up The intermediate term trend has been UP since Sep 18th, 2017 at 34.395

short term down The short term trend has been DOWN since Nov 15th, 2017 at 37.253

Smart Scan Analysis for OMRZAR

Based on a pre-defined weighted trend formula for chart analysis, OMRZAR scored +65 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
36.6965 36.9700 36.2710 36.3100 -0.3865
Prev. Close Volume Bid Ask Time
36.309 36.2710 36.3490 2017-11-17 18:37:56
Want to analyze Omani Rial/South African Rand OMRZAR or another symbol? Try our Free Forex Trend Analysis Report.