Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
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.
MarketClub’s Trade Triangles for SZLGBP
The long-term trend has been DOWN since Oct 17th, 2019 at 0.05363800
The intermediate-term trend has been UP since May 5th, 2020 at 0.04353164
The short-term trend has been UP since May 5th, 2020 at 0.04353164
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).