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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.

FOREX_EURSZL
Open High Low EURSZL Price Change
15.9994 16.1182 15.9994 16.1182 +0.1188
Entry Signal

MarketClub’s Trade Triangles for EURSZL

long term down The long term trend has been DOWN since Nov 29th, 2019 at 16.1100

intermediate term up The intermediate term trend has been UP since Jan 20th, 2020 at 15.9687

short term up 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).

+70
Smart Scan Analysis for EURSZL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.9994 16.1182 15.9994 16.1182 +0.1188
Prev. Close Volume Bid Ask Time
15.9994 15.9182 16.3182 2020-01-20 07:19:46
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