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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.

FOREX_ZAROMR
Open High Low ZAROMR Price Change
0.02512868 0.02527952 0.02494144 0.02505110 -0.00007800
Entry Signal

MarketClub’s Trade Triangles for ZAROMR

long term up The long-term trend has been UP since Jul 21st, 2020 at 0.02349224

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 0.02533153

short term down 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).

-70
Smart Scan Analysis for ZAROMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02512868 0.02527952 0.02494144 0.02505110 -0.00007800
Prev. Close Volume Bid Ask Time
0.02512868 2021-03-05 17:00:57
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