Forex Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Israeli Shekel/South African Rand (FOREX:ILSZAR)
Countertrend Up (+85) - ILSZAR 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 ILSZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSZAR
The long-term trend has been UP since Jul 13th, 2021 at 4.4756784
The intermediate-term trend has been UP since Oct 27th, 2021 at 4.6774639
The short-term trend has been DOWN since Nov 24th, 2021 at 5.0384525
Smart Scan Analysis for ILSZAR
Based on our trend formula, ILSZAR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).