Zar/ils Currency Pair Forecast

Buy or Hold candidate since Jun 04, 2026 Gain 1.89%

The ZAR/ILS currency pair price gained 0.364% on the last trading day (Monday, 22nd Jun 2026), rising from ₪0.178 to ₪0.179. During the last trading day the currency pair fluctuated 1.49% from a day low at ₪0.178 to a day high of ₪0.181. The price has risen in 6 of the last 10 days and is up by 1.39% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 thousand more shares were traded than the day before. In total, 5 thousand shares were bought and sold for approximately ₪970.08 .

The currency pair lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at ₪0.179 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the currency pair is expected to fall -5.11% during the next 3 months and, with a 90% probability hold a price between ₪0.160 and ₪0.170 at the end of this 3-month period. Do note, that if the currency pair price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

ZARILS Signals & Forecast

The ZAR/ILS currency pair holds buy signals from both short and long-term Moving Averages giving a positive forecast for the currency pair. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ₪0.179 and ₪0.175. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 27, 2026, and so far it has risen 4.56%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). ZAR/ILS has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for ZAR/ILS currency pair

ZAR/ILS finds support from accumulated volume at ₪0.175 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the currency pair tends to have very controlled movements and with good liquidity the risk is considered very low in this currency pair. During the last day, the currency pair moved ₪0.0027 between high and low, or 1.49%. For the last week the currency pair has had daily average volatility of 1.12%.

The ZAR/ILS currency pair is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some currency pairs may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the currency pair manages to break the trend before that occurs.

Our recommended stop-loss: ₪0.170 (-5.11%) (This currency pair has very low daily movements and this gives very low risk. The RSI14 is 81 and this increases the risk substantially. There is a buy signal from a pivot bottom found 17 days ago.)

Trading Expectations (ZARILS) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect ZAR/ILS to open at ₪0.179, and during the day (based on 14 day Average True Range), to move between ₪0.178 and ₪0.180, which gives a possible trading interval of +/-₪0.0021 (+/-1.16%) up or down from last closing price. If ZAR/ILS takes out the full calculated possible swing range there will be an estimated 1.16% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ₪0.180 (0.31%) than the support at ₪0.175 (2.03%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is ZAR/ILS currency pair A Buy?

ZAR/ILS holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2026 - ₪0.179 ( 0.0800%).

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