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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Swaziland Lilangeni/South African Rand (FOREX:SZLZAR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

FOREX_SZLZAR
Open High Low SZLZAR Price Change
1.006725 1.006725 1.006725 1.006725 0.000000
Entry Signal

MarketClub’s Trade Triangles for SZLZAR

long term up The long term trend has been UP since Dec 4th, 2018 at 1.010140

intermediate term up The intermediate term trend has been UP since Feb 18th, 2019 at 1.001250

short term up The short term trend has been UP since Mar 12th, 2019 at 1.005195

Smart Scan Analysis for SZLZAR

Based on a pre-defined weighted trend formula for chart analysis, SZLZAR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for SZLZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.006725 1.006725 1.006725 1.006725 0.000000
Prev. Close Volume Bid Ask Time
0.998765 0.994250 1.019200 2019-03-12 22:09:27
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