Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
US Dollar/Swaziland Lilangeni (FOREX:USDSZL)
Sidelines Mode (-55) - USDSZL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDSZL?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDSZL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDSZL
The long-term trend has been DOWN since Jul 15th, 2020 at 16.562589
The intermediate-term trend has been DOWN since Feb 9th, 2021 at 14.790694
The short-term trend has been UP since Feb 25th, 2021 at 14.663255
Smart Scan Analysis for USDSZL
Based on our trend formula, USDSZL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).