Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
South African Rand/Omani Rial (FOREX:ZAROMR)
Weak Downtrend (-65) - ZAROMR is showing signs of a strengthening downtrend. Monitor ZAROMR as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for ZAROMR
The long-term trend has been UP since Jul 21st, 2020 at 0.02349224
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 0.02533153
The short-term trend has been DOWN since Feb 25th, 2021 at 0.02576428
Smart Scan Analysis for ZAROMR
Based on our trend formula, ZAROMR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).