Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Swaziland Lilangeni/South African Rand (FOREX:SZLZAR)
Weak Downtrend (-65) - SZLZAR is showing signs of a strengthening downtrend. Monitor SZLZAR as it may be building momentum to the downside.
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 Jun 13th, 2021 at 1.0044760
The intermediate-term trend has been DOWN since Sep 26th, 2021 at 0.9975448
The short-term trend has been DOWN since Oct 26th, 2021 at 1.0002642
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).