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.
MarketClub’s Trade Triangles for SZLUSD
The long-term trend has been DOWN since Jul 28th, 2021 at 0.06790464
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 0.06833438
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).