Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
South African Rand/Omani Rial (FOREX:ZAROMR)
Sidelines Mode (-55) - ZAROMR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for ZAROMR
The long-term trend has been DOWN since Apr 19th, 2024 at 0.01985234
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.02014803
The short-term trend has been UP since Apr 25th, 2024 at 0.02018743
Smart Scan Analysis for ZAROMR
Based on our trend formula, ZAROMR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.02022125 | 0.02055851 | 0.02015878 | 0.02050340 | +0.00028200 |
Prev. Close | Volume | Bid | Ask | Time |
0.02022125 | 2024-04-26 17:04:59 |