Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 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
0.02006467	0.02028997	0.01998361	0.02028349	+0.00021900
Entry Signal

MarketClub’s Trade Triangles for ZAROMR

The long-term trend has been UP since Jul 20th, 2023 at 0.02212458

The intermediate-term trend has been DOWN since Sep 6th, 2023 at 0.01994832

The short-term trend has been DOWN since Sep 26th, 2023 at 0.02031024

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
0.02006467	0.02028997	0.01998361	0.02028349	+0.00021900
Prev. Close	Volume	Bid	Ask	Time
0.02006467				2023-09-28 12:35:11

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