Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Euro/Swaziland Lilangeni (FOREX:EURSZL)
Sidelines Mode (+50) - EURSZL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURSZL can gain momentum.
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 DOWN since Nov 3rd, 2020 at 19.0431
The intermediate-term trend has been UP since Feb 25th, 2021 at 18.0677
The short-term trend has been UP since Feb 23rd, 2021 at 17.5970
Smart Scan Analysis for EURSZL
Based on our trend formula, EURSZL is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).