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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
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, ZAROMR 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.
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MarketClub’s Trade Triangles for ZAROMR
The long-term trend has been DOWN since Dec 18th, 2024 at 0.02093043
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 0.02107592
The short-term trend has been DOWN since Dec 13th, 2024 at 0.02150043
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02053679 | 0.02072392 | 0.02033178 | 0.02038118 | -0.00015600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02053679 | 2024-12-26 22:50:08 |