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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

South African Rand/Israeli Shekel (FOREX:ZARILS)

Bull Market Weakness (+75) - ZARILS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARILS as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ZARILS?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARILS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARILS
Open High Low ZARILS Price Change
0.19985599 0.20229832 0.19977479 0.20163890 +0.00178300
Entry Signal

MarketClub’s Trade Triangles for ZARILS

long term up The long-term trend has been UP since Apr 26th, 2024 at 0.20400714

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 0.19603237

short term down The short-term trend has been DOWN since May 7th, 2024 at 0.20010810

Smart Scan Analysis for ZARILS

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

+75
Smart Scan Analysis for ZARILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19985599 0.20229832 0.19977479 0.20163890 +0.00178300
Prev. Close Volume Bid Ask Time
0.19985599 2024-05-09 11:47:25
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