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Forex Trend Analysis Report

Prepared for you on Friday, March 23, 2018.

South African Rand/Omani Rial (FOREX:ZAROMR)

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 ZAROMR Price Change
0.032485 0.032970 0.032440 0.032800 +0.000315
Entry Signal

MarketClub’s Trade Triangles for ZAROMR

long term up The long term trend has been UP since Dec 18th, 2017 at 0.030205

intermediate term down The intermediate term trend has been DOWN since Mar 19th, 2018 at 0.032025

short term up The short term trend has been UP since Mar 21st, 2018 at 0.032300

Smart Scan Analysis for ZAROMR

Based on a pre-defined weighted trend formula for chart analysis, ZAROMR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZAROMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.032485 0.032970 0.032440 0.032800 +0.000315
Prev. Close Volume Bid Ask Time
0.032485 0.032760 0.032840 2018-03-23 18:43:50
Want to analyze South African Rand/Omani Rial ZAROMR or another symbol? Try our Free Forex Trend Analysis Report.