Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2020.
Swaziland Lilangeni/Swiss Franc (FOREX:SZLCHF)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SZLCHF
The long term trend has been UP since Dec 22nd, 2019 at 0.06852843
The intermediate term trend has been DOWN since Jan 20th, 2020 at 0.06789202
The short term trend has been DOWN since Jan 20th, 2020 at 0.06843729
Smart Scan Analysis for SZLCHF
Based on a pre-defined weighted trend formula for chart analysis, SZLCHF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).