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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.

FOREX_SZLZAR
Open High Low SZLZAR Price Change
1.000396 1.000396 1.000396 1.000396 0.000000
Entry Signal

MarketClub’s Trade Triangles for SZLZAR

long term up The long-term trend has been UP since Feb 16th, 2021 at 1.0074741

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 0.9932249

short term down 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).

+60
Smart Scan Analysis for SZLZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.000396 1.000396 1.000396 1.000396 0.000000
Prev. Close Volume Bid Ask Time
1.000396 2021-02-25 07:31:39
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