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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Swaziland Lilangeni (FOREX:EURSZL)
Countertrend Down (-85) - EURSZL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EURSZL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSZL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURSZL
The long-term trend has been DOWN since Apr 2nd, 2024 at 20.302
The intermediate-term trend has been DOWN since May 1st, 2024 at 20.015
The short-term trend has been UP since May 8th, 2024 at 19.966
Smart Scan Analysis for EURSZL
Based on our trend formula, EURSZL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.992 | 19.992 | 19.992 | 19.992 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.856 | 2024-05-08 21:02:49 |