Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Euro/Swaziland Lilangeni (FOREX:EURSZL)
Bear Market Rally (-75) - EURSZL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURSZL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid
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 DOWN since Nov 29th, 2019 at 16.1100
The intermediate-term trend has been UP since Jan 20th, 2020 at 15.9687
The short-term trend has been DOWN since Feb 5th, 2020 at 16.3574
Smart Scan Analysis for EURSZL
Based on our trend formula, EURSZL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).