Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Swaziland Lilangeni/US Dollar (FOREX:SZLUSD)
Bull Market Weakness (+75) - SZLUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SZLUSD as it may be in the beginning stages 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 UP since Jul 13th, 2020 at 0.05935069
The intermediate-term trend has been UP since Feb 9th, 2021 at 0.06761846
The short-term trend has been DOWN since Feb 23rd, 2021 at 0.06870240
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).