Forex Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
South African Rand/Israeli Shekel (FOREX:ZARILS)
Strong Downtrend (-100) - ZARILS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 Feb 7th, 2020 at 0.22944516
The intermediate-term trend has been DOWN since Jul 31st, 2020 at 0.20047140
The short-term trend has been DOWN since Jul 30th, 2020 at 0.20484121
Smart Scan Analysis for ZARILS
Based on our trend formula, ZARILS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).