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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

US Dollar/Swaziland Lilangeni (FOREX:USDSZL)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDSZL
Open High Low USDSZL Price Change
14.3675 14.3675 14.3675 14.3675 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDSZL

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 13.8445

intermediate term up The intermediate term trend has been UP since Dec 11th, 2018 at 14.1230

short term up The short term trend has been UP since Dec 6th, 2018 at 13.7865

Smart Scan Analysis for USDSZL

Based on a pre-defined weighted trend formula for chart analysis, USDSZL scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDSZL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.3675 14.3675 14.3675 14.3675 0.0000
Prev. Close Volume Bid Ask Time
14.3675 14.1910 14.5440 2018-12-11 20:59:12
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