Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
US Dollar/Swaziland Lilangeni (FOREX:USDSZL)
Weak Downtrend (-65) - USDSZL is showing signs of a strengthening downtrend. Monitor USDSZL as it may be building momentum to the downside.
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 UP since Feb 25th, 2020 at 15.150000
The intermediate-term trend has been DOWN since May 12th, 2020 at 18.365649
The short-term trend has been DOWN since Apr 27th, 2020 at 18.950000
Smart Scan Analysis for USDSZL
Based on our trend formula, USDSZL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).