Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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.
MarketClub’s Trade Triangles for SZLUSD
The long-term trend has been DOWN since Feb 24th, 2020 at 0.06618875
The intermediate-term trend has been UP since May 5th, 2020 at 0.05395674
The short-term trend has been UP since May 20th, 2020 at 0.05473713
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).