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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.

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

MarketClub’s Trade Triangles for ZAROMR

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

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

short term up 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
Smart Scan Analysis for ZAROMR
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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