The Ramchal tells us further the following in Maamar HaGeulah:
- The Pekidah is the time of repair for the first problem of Galus, Hester Panim, and even then, only partially.
- The Zechirah is the time of repair for the rest of the problems generated by Galus.
This seems to be problematic. If we have Hester Panim on the one hand, and abundance to the nations of the world on the other, should it not be that the tikkun for both is at the same time? But alas this is not the case, the Ramchal writes. There is a period of time when things begin to get better for Am Yisrael (particularly in Eretz Yisrael) in an incomplete way. Then there is the period between Pekidah and Zechirah where Am Yisrael receive in more abundance, and the nations are receiving in abundance.
The period of Zechirah brings this parity to a close.
It is not hard to see (based on the above), but I will state it anyway. We are in between Pekidah and Zechirah.