Forex Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
British Pound/Swaziland Lilangeni (FOREX:GBPSZL)
Weak Downtrend (-65) - GBPSZL is showing signs of a strengthening downtrend. Monitor GBPSZL as it may be building momentum to the downside.
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 UP since Oct 17th, 2019 at 18.64600
The intermediate-term trend has been DOWN since May 5th, 2020 at 22.97407
The short-term trend has been DOWN since May 5th, 2020 at 22.97407
Smart Scan Analysis for GBPSZL
Based on our trend formula, GBPSZL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).