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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

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.

FOREX_SZLZAR
Open High Low SZLZAR Price Change
1.0045473 1.0045473 1.0045473 1.0045473 0.0000000
Entry Signal

MarketClub’s Trade Triangles for SZLZAR

long term up The long-term trend has been UP since Feb 5th, 2024 at 1.0052321

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2024 at 1.0020433

short term up The short-term trend has been UP since Apr 22nd, 2024 at 1.0019390

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).

+70
Smart Scan Analysis for SZLZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0045473 1.0045473 1.0045473 1.0045473 0.0000000
Prev. Close Volume Bid Ask Time
1.0005487 2024-04-24 21:01:06
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