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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

South African Rand/Israeli Shekel (FOREX:ZARILS)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ZARILS
Open High Low ZARILS Price Change
0.286010 0.286815 0.286010 0.286815 +0.000805
Entry Signal

MarketClub’s Trade Triangles for ZARILS

long term down The long term trend has been DOWN since May 18th, 2018 at 0.283525

intermediate term down The intermediate term trend has been DOWN since May 18th, 2018 at 0.284540

short term up The short term trend has been UP since May 23rd, 2018 at 0.285230

Smart Scan Analysis for ZARILS

Based on a pre-defined weighted trend formula for chart analysis, ZARILS scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZARILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.286010 0.286815 0.286010 0.286815 +0.000805
Prev. Close Volume Bid Ask Time
0.286010 0.286690 0.286940 2018-05-24 02:14:19
Want to analyze South African Rand/Israeli Shekel ZARILS or another symbol? Try our Free Forex Trend Analysis Report.