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Forex Trend Analysis Report

Prepared for you on Monday, December 18, 2017.

South African Rand/Omani Rial (FOREX:ZAROMR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.

FOREX_ZAROMR
Open High Low ZAROMR Price Change
0.029445 0.029515 0.029380 0.029380 -0.000065
Entry Signal

MarketClub’s Trade Triangles for ZAROMR

long term down The long term trend has been DOWN since Sep 28th, 2017 at 0.028255

intermediate term up The intermediate term trend has been UP since Nov 22nd, 2017 at 0.027670

short term up The short term trend has been UP since Dec 13th, 2017 at 0.028390

Smart Scan Analysis for ZAROMR

Based on a pre-defined weighted trend formula for chart analysis, ZAROMR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ZAROMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.029445 0.029515 0.029380 0.029380 -0.000065
Prev. Close Volume Bid Ask Time
0.029445 0.029330 0.029430 2017-12-18 04:02:44
Want to analyze South African Rand/Omani Rial ZAROMR or another symbol? Try our Free Forex Trend Analysis Report.