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Forex Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Swaziland Lilangeni/Euro (FOREX:SZLEUR)

Sidelines Mode (+55) - SZLEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SZLEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SZLEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SZLEUR
Open High Low SZLEUR Price Change
0.05002502 0.05002502 0.05002502 0.05002502 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SZLEUR

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.04926101

intermediate term up The intermediate-term trend has been UP since May 1st, 2024 at 0.04996752

short term down The short-term trend has been DOWN since May 8th, 2024 at 0.05009017

Smart Scan Analysis for SZLEUR

Based on our trend formula, SZLEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SZLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05002502 0.05002502 0.05002502 0.05002502 0.00000000
Prev. Close Volume Bid Ask Time
0.05002502 2024-05-08 21:02:49
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