Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
British Pound/Swaziland Lilangeni (FOREX:GBPSZL)
Sidelines Mode (+55) - GBPSZL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 UP since Jul 28th, 2021 at 20.407995
The intermediate-term trend has been UP since Sep 22nd, 2021 at 20.185396
The short-term trend has been DOWN since Oct 4th, 2021 at 20.324321
Smart Scan Analysis for GBPSZL
Based on our trend formula, GBPSZL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).