Free Daily Analysis

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.

FOREX_ZAROMR
Open High Low ZAROMR Price Change
0.02006467 0.02028997 0.01998361 0.02028349 +0.00021900
Entry Signal

MarketClub’s Trade Triangles for ZAROMR

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

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

short term down 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
Smart Scan Analysis for ZAROMR
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
Get a free daily analysis and signals for South African Rand/Omani Rial (ZAROMR) - Request Your Free Report.