Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
British Pound/Swaziland Lilangeni (FOREX:GBPSZL)
Sidelines Mode (+50) - GBPSZL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPSZL can gain momentum.
Is it time to buy, sell, or avoid GBPSZL?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSZL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPSZL
The long-term trend has been DOWN since Jul 2nd, 2020 at 21.282350
The intermediate-term trend has been UP since Feb 23rd, 2021 at 20.659189
The short-term trend has been UP since Feb 18th, 2021 at 20.310386
Smart Scan Analysis for GBPSZL
Based on our trend formula, GBPSZL is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).