Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Swaziland Lilangeni/South African Rand (FOREX:SZLZAR)
Bull Market Weakness (+75) - SZLZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SZLZAR as it may be in the beginning stages of a reversal.
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 Mar 17th, 2023 at 1.0058589
The intermediate-term trend has been UP since Mar 10th, 2023 at 1.0019475
The short-term trend has been UP since Mar 17th, 2023 at 1.0045912
Smart Scan Analysis for SZLZAR
Based on our trend formula, SZLZAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).