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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2019.

Swaziland Lilangeni/Euro (FOREX:SZLEUR)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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.

FOREX_SZLEUR
Open High Low SZLEUR Price Change
0.06130288 0.06130288 0.06130288 0.06130288 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SZLEUR

long term up The long term trend has been UP since Nov 29th, 2019 at 0.06208300

intermediate term down The intermediate term trend has been DOWN since Dec 10th, 2019 at 0.06121243

short term down The short term trend has been DOWN since Dec 8th, 2019 at 0.06175496

Smart Scan Analysis for SZLEUR

Based on a pre-defined weighted trend formula for chart analysis, SZLEUR scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for SZLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06130288 0.06130288 0.06130288 0.06130288 0.00000000
Prev. Close Volume Bid Ask Time
0.06130288 0.06055138 0.06205437 2019-12-12 07:31:23
Want to analyze Swaziland Lilangeni/Euro SZLEUR or another symbol? Try our Free Forex Trend Analysis Report.