Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
British Pound/Swaziland Lilangeni (FOREX:GBPSZL)
Crossroads (-60) - GBPSZL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Nov 19th, 2023 at 22.770112
The intermediate-term trend has been UP since Nov 24th, 2023 at 22.925401
The short-term trend has been UP since Nov 24th, 2023 at 22.872985
Smart Scan Analysis for GBPSZL
Based on our trend formula, GBPSZL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).