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.
MarketClub’s Trade Triangles for ZAROMR
The long-term trend has been UP since Jul 21st, 2020 at 0.02349224
The intermediate-term trend has been UP since Oct 21st, 2020 at 0.02353092
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).