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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

South African Rand/Omani Rial (FOREX:ZAROMR)

Crossroads (+60) - ZAROMR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_ZAROMR
Open High Low ZAROMR Price Change
0.02116705 0.02164055 0.02114333 0.02125320 +0.00008600
Entry Signal

MarketClub’s Trade Triangles for ZAROMR

long term down The long-term trend has been DOWN since Mar 7th, 2023 at 0.02079335

intermediate term up The intermediate-term trend has been UP since Mar 23rd, 2023 at 0.02134603

short term up The short-term trend has been UP since Mar 29th, 2023 at 0.02125168

Smart Scan Analysis for ZAROMR

Based on our trend formula, ZAROMR is rated as a +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
0.02116705 0.02164055 0.02114333 0.02125320 +0.00008600
Prev. Close Volume Bid Ask Time
0.02116705 2023-03-29 20:49:44
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