
Forex Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
South African Rand/Omani Rial (FOREX:ZAROMR)
Bear Market Rally (-75) - ZAROMR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZAROMR as it may be in the beginning of a reversal.
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 Apr 28th, 2022 at 0.02390451
The intermediate-term trend has been UP since Aug 10th, 2022 at 0.02349054
The short-term trend has been DOWN since Aug 15th, 2022 at 0.02361393
Smart Scan Analysis for ZAROMR
Based on our trend formula, ZAROMR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
0.02306292 | 0.02312304 | 0.02277964 | 0.02280401 | -0.00025900 |
Prev. Close | Volume | Bid | Ask | Time |
0.02306292 | 2022-08-18 21:13:18 |