Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
South African Rand/Swaziland Lilangeni (FOREX:ZARSZL)
Strong Downtrend (-100) - ZARSZL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARSZL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZARSZL?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARSZL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARSZL
The long-term trend has been DOWN since Mar 17th, 2023 at 0.9942925
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 0.9981623
The short-term trend has been DOWN since Mar 17th, 2023 at 0.9955355
Smart Scan Analysis for ZARSZL
Based on our trend formula, ZARSZL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).