Forex Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
South African Rand/Israeli Shekel (FOREX:ZARILS)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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.
MarketClub’s Trade Triangles for ZARILS
The long term trend has been DOWN since Mar 30th, 2017 at 0.270575
The intermediate term trend has been UP since Nov 22nd, 2017 at 0.252730
The short term trend has been UP since Nov 16th, 2017 at 0.247015
Smart Scan Analysis for ZARILS
Based on a pre-defined weighted trend formula for chart analysis, ZARILS scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).