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Forex Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

British Pound/Swaziland Lilangeni (FOREX:GBPSZL)

Bull Market Weakness (+75) - GBPSZL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPSZL as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPSZL?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSZL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPSZL
Open High Low GBPSZL Price Change
23.489897 23.518069 23.489897 23.509776 +0.019879
Entry Signal

MarketClub’s Trade Triangles for GBPSZL

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 23.703316

intermediate term up The intermediate-term trend has been UP since May 26th, 2024 at 23.398273

short term up The short-term trend has been UP since May 23rd, 2024 at 23.121414

Smart Scan Analysis for GBPSZL

Based on our trend formula, GBPSZL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPSZL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.489897 23.518069 23.489897 23.509776 +0.019879
Prev. Close Volume Bid Ask Time
23.489897 2024-05-28 21:01:22
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