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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Swaziland Lilangeni/US Dollar (FOREX:SZLUSD)

Crossroads (-60) - SZLUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.05204505 0.05204505 0.05204505 0.05204505 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 down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.05247053

short term down The short-term trend has been DOWN since Apr 14th, 2024 at 0.05342232

Smart Scan Analysis for SZLUSD

Based on our trend formula, SZLUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SZLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05204505 0.05204505 0.05204505 0.05204505 0.00000000
Prev. Close Volume Bid Ask Time
0.05204505 2024-04-23 07:26:27
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