Forex Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
South African Rand/Swaziland Lilangeni (FOREX:ZARSZL)
Bull Market Weakness (+75) - ZARSZL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARSZL as it may be in the beginning stages of a reversal.
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 UP since May 21st, 2020 at 1.0127728
The intermediate-term trend has been UP since May 21st, 2020 at 1.0127324
The short-term trend has been UP since May 20th, 2020 at 0.9999134
Smart Scan Analysis for ZARSZL
Based on our trend formula, ZARSZL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).