Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

South African Rand/Omani Rial (FOREX:ZAROMR)

Bear Market Rally (-75) - ZAROMR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZAROMR as it may be in the beginning of a reversal.

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
0.02001692	0.02034164	0.02001681	0.02024612	+0.00022900
Entry Signal

MarketClub’s Trade Triangles for ZAROMR

The long-term trend has been DOWN since Apr 19th, 2024 at 0.01985234

The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.02014803

The short-term trend has been UP since Apr 25th, 2024 at 0.02018743

Smart Scan Analysis for ZAROMR

Based on our trend formula, ZAROMR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.02001692	0.02034164	0.02001681	0.02024612	+0.00022900
Prev. Close	Volume	Bid	Ask	Time
0.02001692				2024-04-25 20:41:44

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