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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Omani Rial/South African Rand (FOREX:OMRZAR)

Weak Downtrend (-65) - OMRZAR is showing signs of a strengthening downtrend. Monitor OMRZAR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid OMRZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMRZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_OMRZAR
Open High Low OMRZAR Price Change
39.090804 39.348604 38.703475 38.795027 -0.295777
Entry Signal

MarketClub’s Trade Triangles for OMRZAR

long term down The long-term trend has been DOWN since Jul 21st, 2020 at 42.520221

intermediate term down The intermediate-term trend has been DOWN since Feb 9th, 2021 at 38.380930

short term up The short-term trend has been UP since Feb 25th, 2021 at 38.813707

Smart Scan Analysis for OMRZAR

Based on our trend formula, OMRZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for OMRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.090804 39.348604 38.703475 38.795027 -0.295777
Prev. Close Volume Bid Ask Time
39.090804 2021-03-01 12:09:46
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