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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Swaziland Lilangeni/US Dollar (FOREX:SZLUSD)

Bear Market Rally (-75) - SZLUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SZLUSD as it may be in the beginning of a reversal.

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

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

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

FOREX_SZLUSD
Open High Low SZLUSD Price Change
0.0680726 0.0680726 0.0680726 0.0680726 0.0000000
Entry Signal

MarketClub’s Trade Triangles for SZLUSD

long term down The long-term trend has been DOWN since Jul 28th, 2021 at 0.06790464

intermediate term down The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 0.06833438

short term up The short-term trend has been UP since Oct 12th, 2021 at 0.06689703

Smart Scan Analysis for SZLUSD

Based on our trend formula, SZLUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SZLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0680726 0.0680726 0.0680726 0.0680726 0.0000000
Prev. Close Volume Bid Ask Time
0.0680726 2021-10-15 07:17:37
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