Forex Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
South African Rand/Israeli Shekel (FOREX:ZARILS)
Weak Downtrend (-65) - ZARILS is showing signs of a strengthening downtrend. Monitor ZARILS as it may be building momentum to the downside.
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 Apr 7th, 2023 at 0.19207275
The intermediate-term trend has been DOWN since Apr 7th, 2023 at 0.19335086
The short-term trend has been DOWN since May 30th, 2023 at 0.18815046
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).