Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Swaziland Lilangeni/British Pound (FOREX:SZLGBP)
Strong Downtrend (-100) - SZLGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SZLGBP continues to fall. Traders should use caution and set stops.
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 Jul 12th, 2022 at 0.05002213
The intermediate-term trend has been DOWN since Jan 16th, 2023 at 0.04820380
The short-term trend has been DOWN since Mar 8th, 2023 at 0.04573998
Smart Scan Analysis for SZLGBP
Based on our trend formula, SZLGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).