Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

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.

Open	High	Low	ZAROMR Price	Change
0.02116705	0.02164055	0.02114333	0.02125320	+0.00008600
Entry Signal

MarketClub’s Trade Triangles for ZAROMR

The long-term trend has been DOWN since Mar 7th, 2023 at 0.02079335

The intermediate-term trend has been UP since Mar 23rd, 2023 at 0.02134603

The short-term trend has been UP since Mar 29th, 2023 at 0.02125168

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

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.02116705	0.02164055	0.02114333	0.02125320	+0.00008600
Prev. Close	Volume	Bid	Ask	Time
0.02116705				2023-03-29 20:49:44

Get a free daily analysis and signals for South African Rand/Omani Rial (ZAROMR) - Request Your Free Report.