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Forex Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

Swaziland Lilangeni/British Pound (FOREX:SZLGBP)

Sidelines Mode (+50) - SZLGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SZLGBP can gain momentum.

Is it time to buy, sell, or avoid SZLGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SZLGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SZLGBP
Open High Low SZLGBP Price Change
0.04949175 0.04949175 0.04949175 0.04949175 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SZLGBP

long term down The long-term trend has been DOWN since Jul 12th, 2022 at 0.05002213

intermediate term up The intermediate-term trend has been UP since Aug 2nd, 2022 at 0.04932710

short term up The short-term trend has been UP since Aug 2nd, 2022 at 0.04932710

Smart Scan Analysis for SZLGBP

Based on our trend formula, SZLGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for SZLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04949175 0.04949175 0.04949175 0.04949175 0.00000000
Prev. Close Volume Bid Ask Time
0.04949175 2022-08-06 04:59:03
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