Forex Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
Swaziland Lilangeni/Swiss Franc (FOREX:SZLCHF)
Bear Market Rally (-75) - SZLCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SZLCHF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SZLCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SZLCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SZLCHF
The long-term trend has been DOWN since Jun 29th, 2022 at 0.05950845
The intermediate-term trend has been DOWN since Aug 3rd, 2023 at 0.04792783
The short-term trend has been UP since Sep 16th, 2023 at 0.04715309
Smart Scan Analysis for SZLCHF
Based on our trend formula, SZLCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).