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.
MarketClub’s Trade Triangles for ZAROMR
The long-term trend has been UP since Dec 12th, 2019 at 0.02652595
The intermediate-term trend has been DOWN since Jan 13th, 2020 at 0.02664566
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).