Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
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.
MarketClub’s Trade Triangles for ZARILS
The long-term trend has been DOWN since Jul 13th, 2021 at 0.22347830
The intermediate-term trend has been UP since Oct 15th, 2021 at 0.21955078
The short-term trend has been UP since Oct 13th, 2021 at 0.21666231
Smart Scan Analysis for ZARILS
Based on our trend formula, ZARILS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).