Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
Euro/Swaziland Lilangeni (FOREX:EURSZL)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EURSZL
The long term trend has been DOWN since Nov 29th, 2019 at 16.1100
The intermediate term trend has been UP since Jan 20th, 2020 at 15.9687
The short term trend has been UP since Jan 20th, 2020 at 15.8192
Smart Scan Analysis for EURSZL
Based on a pre-defined weighted trend formula for chart analysis, EURSZL scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).