Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
South African Rand/Israeli Shekel (FOREX:ZARILS)
Countertrend Up (+85) - ZARILS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Feb 9th, 2022 at 0.21045674
The intermediate-term trend has been UP since Jun 3rd, 2022 at 0.21588594
The short-term trend has been UP since Jun 28th, 2022 at 0.21687979
Smart Scan Analysis for ZARILS
Based on our trend formula, ZARILS is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).