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Forex Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

Swaziland Lilangeni/Euro (FOREX:SZLEUR)

Countertrend Up (+85) - SZLEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_SZLEUR
Open High Low SZLEUR Price Change
0.0501983 0.0501983 0.0501983 0.0501983 0.0000000
Entry Signal

MarketClub’s Trade Triangles for SZLEUR

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.04926101

intermediate term up The intermediate-term trend has been UP since May 1st, 2024 at 0.04996752

short term up The short-term trend has been UP since Apr 28th, 2024 at 0.04919799

Smart Scan Analysis for SZLEUR

Based on our trend formula, SZLEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for SZLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0501983 0.0501983 0.0501983 0.0501983 0.0000000
Prev. Close Volume Bid Ask Time
0.0501983 2024-05-01 07:23:57
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