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Forex Trend Analysis Report

Prepared for you on Saturday, October 24, 2020.

South African Rand/Omani Rial (FOREX:ZAROMR)

Strong Uptrend (+100) - ZAROMR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZAROMR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.02372681 0.02383145 0.02363360 0.02377154 +0.00004500
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 up The intermediate-term trend has been UP since Oct 21st, 2020 at 0.02353092

short term up The short-term trend has been UP since Oct 19th, 2020 at 0.02334063

Smart Scan Analysis for ZAROMR

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

+100
Smart Scan Analysis for ZAROMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02372681 0.02383145 0.02363360 0.02377154 +0.00004500
Prev. Close Volume Bid Ask Time
0.02372681 2020-10-23 17:00:03
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