Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Swaziland Lilangeni/South African Rand (FOREX:SZLZAR)
Crossroads (+60) - SZLZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SZLZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SZLZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SZLZAR
The long-term trend has been UP since Feb 16th, 2021 at 1.0074741
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 0.9932249
The short-term trend has been DOWN since Feb 23rd, 2021 at 1.0016383
Smart Scan Analysis for SZLZAR
Based on our trend formula, SZLZAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).