Forex Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
Euro/Swaziland Lilangeni (FOREX:EURSZL)
Sidelines Mode (+55) - EURSZL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURSZL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSZL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURSZL
The long-term trend has been UP since Jul 28th, 2021 at 17.4175
The intermediate-term trend has been UP since Oct 29th, 2021 at 17.4634
The short-term trend has been DOWN since Dec 1st, 2021 at 18.2174
Smart Scan Analysis for EURSZL
Based on our trend formula, EURSZL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).