Forex Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
South African Rand/Israeli Shekel (FOREX:ZARILS)
Sidelines Mode (-55) - ZARILS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Dec 23rd, 2022 at 0.20462129
The intermediate-term trend has been DOWN since Mar 7th, 2023 at 0.19461959
The short-term trend has been UP since Mar 23rd, 2023 at 0.20033100
Smart Scan Analysis for ZARILS
Based on our trend formula, ZARILS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).