Forex Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
South African Rand/Israeli Shekel (FOREX:ZARILS)
Crossroads (-60) - ZARILS is struggling to move into a solid trend. Beware of choppy markets 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 Feb 12th, 2021 at 0.22357045
The intermediate-term trend has been DOWN since Jun 16th, 2021 at 0.23231896
The short-term trend has been DOWN since Jun 9th, 2021 at 0.23867298
Smart Scan Analysis for ZARILS
Based on our trend formula, ZARILS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).