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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Swaziland Lilangeni/US Dollar (FOREX:SZLUSD)

Long-Term Uptrend (+90) - SZLUSD is in a strong uptrend that is likely to continue. While SZLUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_SZLUSD
Open High Low SZLUSD Price Change
0.05374162 0.05374162 0.05374162 0.05374162 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SZLUSD

long term up The long-term trend has been UP since Apr 8th, 2024 at 0.05381298

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 0.05377041

short term up The short-term trend has been UP since Apr 28th, 2024 at 0.05243891

Smart Scan Analysis for SZLUSD

Based on our trend formula, SZLUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SZLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05374162 0.05374162 0.05374162 0.05374162 0.00000000
Prev. Close Volume Bid Ask Time
0.05374162 2024-05-08 21:02:49
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