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Forex Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

Swaziland Lilangeni/British Pound (FOREX:SZLGBP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SZLGBP
Open High Low SZLGBP Price Change
0.05254017 0.05254017 0.05254017 0.05254017 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SZLGBP

long term down The long term trend has been DOWN since Oct 17th, 2019 at 0.05363800

intermediate term down The intermediate term trend has been DOWN since Sep 25th, 2019 at 0.05377800

short term down The short term trend has been DOWN since Nov 13th, 2019 at 0.05228729

Smart Scan Analysis for SZLGBP

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

-100
Smart Scan Analysis for SZLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05254017 0.05254017 0.05254017 0.05254017 0.00000000
Prev. Close Volume Bid Ask Time
0.05250917 0.05189526 0.05318508 2019-11-17 20:00:21
Want to analyze Swaziland Lilangeni/British Pound SZLGBP or another symbol? Try our Free Forex Trend Analysis Report.