Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Swiss Franc/Swaziland Lilangeni (FOREX:CHFSZL)
Countertrend Up (+85) - CHFSZL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CHFSZL?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFSZL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFSZL
The long-term trend has been UP since Jun 29th, 2022 at 16.806704
The intermediate-term trend has been UP since Nov 24th, 2023 at 20.956481
The short-term trend has been UP since Nov 24th, 2023 at 20.777321
Smart Scan Analysis for CHFSZL
Based on our trend formula, CHFSZL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).