Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

South African Rand/Swaziland Lilangeni (FOREX:ZARSZL)

Crossroads (-60) - ZARSZL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_ZARSZL
Open High Low ZARSZL Price Change
1.0004485 1.0029763 1.0004485 1.0029763 +0.0025280
Entry Signal

MarketClub’s Trade Triangles for ZARSZL

long term down The long-term trend has been DOWN since Aug 2nd, 2023 at 0.9884726

intermediate term up The intermediate-term trend has been UP since Dec 6th, 2023 at 0.9999050

short term up The short-term trend has been UP since Dec 6th, 2023 at 0.9999050

Smart Scan Analysis for ZARSZL

Based on our trend formula, ZARSZL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZARSZL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0004485 1.0029763 1.0004485 1.0029763 +0.0025280
Prev. Close Volume Bid Ask Time
1.0003622 2023-12-06 17:15:15
Get a free daily analysis and signals for South African Rand/Swaziland Lilangeni (ZARSZL) - Request Your Free Report.