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Forex Trend Analysis Report

Prepared for you on Sunday, October 2, 2022.

South African Rand/Omani Rial (FOREX:ZAROMR)

Long-Term Downtrend (-90) - ZAROMR is in a strong downtrend that is likely to continue. While ZAROMR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.02131019 0.02132737 0.02130005 0.02131014 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZAROMR

long term down The long-term trend has been DOWN since Apr 28th, 2022 at 0.02390451

intermediate term down The intermediate-term trend has been DOWN since Aug 19th, 2022 at 0.02267988

short term down The short-term trend has been DOWN since Sep 28th, 2022 at 0.02120401

Smart Scan Analysis for ZAROMR

Based on our trend formula, ZAROMR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZAROMR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02131019 0.02132737 0.02130005 0.02131014 0.00000000
Prev. Close Volume Bid Ask Time
0.02131019 2022-10-02 19:18:22
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