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.
MarketClub’s Trade Triangles for ZARSZL
The long-term trend has been DOWN since Aug 2nd, 2023 at 0.9884726
The intermediate-term trend has been UP since Dec 6th, 2023 at 0.9999050
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).