Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
US Dollar/Swaziland Lilangeni (FOREX:USDSZL)
Bear Market Rally (-75) - USDSZL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDSZL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDSZL?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDSZL.
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 USDSZL
The long-term trend has been DOWN since Apr 8th, 2024 at 18.530000
The intermediate-term trend has been DOWN since May 6th, 2024 at 18.510179
The short-term trend has been UP since May 8th, 2024 at 18.515000
Smart Scan Analysis for USDSZL
Based on our trend formula, USDSZL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.480000 | 18.609414 | 18.480000 | 18.609414 | +0.129414 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.480000 | 2024-05-08 21:02:49 |