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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Swaziland Lilangeni/South African Rand (FOREX:SZLZAR)

Long-Term Downtrend (-90) - SZLZAR is in a strong downtrend that is likely to continue. While SZLZAR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
1.0005663 1.0005663 1.0005663 1.0005663 0.0000000
Entry Signal

MarketClub’s Trade Triangles for SZLZAR

long term down The long-term trend has been DOWN since May 21st, 2020 at 0.9874832

intermediate term down The intermediate-term trend has been DOWN since May 21st, 2020 at 0.9875255

short term down The short-term trend has been DOWN since May 20th, 2020 at 1.0001886

Smart Scan Analysis for SZLZAR

Based on our trend formula, SZLZAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SZLZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0005663 1.0005663 1.0005663 1.0005663 0.0000000
Prev. Close Volume Bid Ask Time
1.0107924 0.9901333 1.0109992 2020-05-25 21:04:39
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