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Forex Trend Analysis Report

Prepared for you on Friday, May 26, 2017.

Omani Rial/South African Rand (FOREX:OMRZAR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_OMRZAR
Open High Low OMRZAR Price Change
33.7095 33.7095 33.2860 33.4295 -0.2800
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 down The intermediate term trend has been DOWN since May 24th, 2017 at 33.8750

short term down The short term trend has been DOWN since May 22nd, 2017 at 34.2730

Smart Scan Analysis for OMRZAR

Based on a pre-defined weighted trend formula for chart analysis, OMRZAR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for OMRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.7095 33.7095 33.2860 33.4295 -0.2800
Prev. Close Volume Bid Ask Time
33.7095 33.4260 33.4330 2017-05-26 12:49:27
Want to analyze Omani Rial/South African Rand OMRZAR or another symbol? Try our Free Forex Trend Analysis Report.