Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

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.

Open	High	Low	ZAROMR Price	Change
0.02671675	0.02671688	0.02620293	0.02621453	-0.00050200
Entry Signal

MarketClub’s Trade Triangles for ZAROMR

The long-term trend has been DOWN since Jul 23rd, 2021 at 0.02593449

The intermediate-term trend has been UP since Oct 15th, 2021 at 0.02641933

The short-term trend has been UP since Oct 13th, 2021 at 0.02583477

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

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.02671675	0.02671688	0.02620293	0.02621453	-0.00050200
Prev. Close	Volume	Bid	Ask	Time
0.02671675				2021-10-21 16:04:46

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