Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
Swaziland Lilangeni/South African Rand (FOREX:SZLZAR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SZLZAR
The long term trend has been UP since Jan 12th, 2020 at 1.0075073
The intermediate term trend has been UP since Dec 15th, 2019 at 1.0033064
The short term trend has been UP since Jan 9th, 2020 at 0.9994919
Smart Scan Analysis for SZLZAR
Based on a pre-defined weighted trend formula for chart analysis, SZLZAR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).