Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, April 3, 2020.

South African Rand/Omani Rial (FOREX:ZAROMR)

Strong Downtrend (-100) - ZAROMR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.02074204 0.02076927 0.02016315 0.02022238 -0.00052000
Entry Signal

MarketClub’s Trade Triangles for ZAROMR

long term down The long-term trend has been DOWN since Feb 20th, 2020 at 0.02539784

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2020 at 0.02664566

short term down The short-term trend has been DOWN since Mar 29th, 2020 at 0.02180049

Smart Scan Analysis for ZAROMR

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

-100
Smart Scan Analysis for ZAROMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02074204 0.02076927 0.02016315 0.02022238 -0.00052000
Prev. Close Volume Bid Ask Time
0.02074204 0.02020645 0.02023832 2020-04-03 17:10:35
Get a free daily analysis and signals for South African Rand/Omani Rial (ZAROMR) - Request Your Free Report.