Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Euro/Swaziland Lilangeni (FOREX:EURSZL)
Weak Downtrend (-65) - EURSZL is showing signs of a strengthening downtrend. Monitor EURSZL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURSZL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSZL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURSZL
The long-term trend has been UP since Jul 28th, 2021 at 17.4175
The intermediate-term trend has been DOWN since Oct 15th, 2021 at 17.1907
The short-term trend has been DOWN since Oct 4th, 2021 at 17.5531
Smart Scan Analysis for EURSZL
Based on our trend formula, EURSZL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).