PHP random string generator

I'm trying to create a randomized string in PHP, and I get absolutely no output with this:

<?php
    function RandomString()
    {
        $characters = '0123456789abcdefghijklmnopqrstuvwxyzABCDEFGHIJKLMNOPQRSTUVWXYZ';
        $randstring = '';
        for ($i = 0; $i < 10; $i++) {
            $randstring = $characters[rand(0, strlen($characters))];
        }
        return $randstring;
    }

    RandomString();
    echo $randstring;

What am I doing wrong?

To answer this question specifically, two problems:

1. $randstring is not in scope when you echo it.
2. The characters are not getting concatenated together in the loop.

Here's a code snippet with the corrections:

function generateRandomString($length = 10) {
    $characters = '0123456789abcdefghijklmnopqrstuvwxyzABCDEFGHIJKLMNOPQRSTUVWXYZ';
    $charactersLength = strlen($characters);
    $randomString = '';

    for ($i = 0; $i < $length; $i++) {
        $randomString .= $characters[random_int(0, $charactersLength - 1)];
    }

    return $randomString;
}

Output the random string with the call below:

// Echo the random string.
echo generateRandomString();

// Optionally, you can give it a desired string length.
echo generateRandomString(64);

Please note that previous version of this answer used rand() instead of random_int() and therefore generated predictable random strings. So it was changed to be more secure, following advice from this answer.