Forex Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
Swaziland Lilangeni/Euro (FOREX:SZLEUR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.
MarketClub’s Trade Triangles for SZLEUR
The long term trend has been UP since Dec 2nd, 2018 at 0.063713
The intermediate term trend has been DOWN since Feb 15th, 2019 at 0.063301
The short term trend has been DOWN since Feb 28th, 2019 at 0.062963
Smart Scan Analysis for SZLEUR
Based on a pre-defined weighted trend formula for chart analysis, SZLEUR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).