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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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 ?

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
0.02588628 0.02591102 0.02563399 0.02569461 -0.00019200
Entry Signal

MarketClub’s Trade Triangles for ZAROMR

long term up The long-term trend has been UP since Dec 12th, 2019 at 0.02652595

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 Feb 17th, 2020 at 0.02572120

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
0.02588628 0.02591102 0.02563399 0.02569461 -0.00019200
Prev. Close Volume Bid Ask Time
0.02588628 0.02566889 0.02572034 2020-02-17 16:17:28
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