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Forex Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

Swaziland Lilangeni/US Dollar (FOREX:SZLUSD)

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

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
0.05524509 0.05524509 0.05524509 0.05524509 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SZLUSD

long term down The long-term trend has been DOWN since Feb 13th, 2023 at 0.05573331

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2023 at 0.05509216

short term up The short-term trend has been UP since Mar 18th, 2023 at 0.05483090

Smart Scan Analysis for SZLUSD

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

+50
Smart Scan Analysis for SZLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05524509 0.05524509 0.05524509 0.05524509 0.00000000
Prev. Close Volume Bid Ask Time
0.05524509 2023-03-18 03:55:53
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