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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

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
0.029034 0.029216 0.028981 0.029101 +0.000067
Entry Signal

MarketClub’s Trade Triangles for ZAROMR

long term down The long term trend has been DOWN since May 1st, 2018 at 0.030760

intermediate term up The intermediate term trend has been UP since Jul 9th, 2018 at 0.028755

short term up The short term trend has been UP since Jul 12th, 2018 at 0.029048

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
0.029034 0.029216 0.028981 0.029101 +0.000067
Prev. Close Volume Bid Ask Time
0.029034 0.029080 0.029121 2018-07-16 22:12:24
Want to analyze South African Rand/Omani Rial ZAROMR or another symbol? Try our Free Forex Trend Analysis Report.