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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Swaziland Lilangeni/South African Rand (FOREX:SZLZAR)
Sidelines Mode (+55) - SZLZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SZLZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SZLZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SZLZAR
The long-term trend has been UP since Feb 5th, 2024 at 1.0052321
The intermediate-term trend has been UP since Apr 7th, 2024 at 1.0020433
The short-term trend has been DOWN since Apr 16th, 2024 at 0.9999873
Smart Scan Analysis for SZLZAR
Based on our trend formula, SZLZAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0000117 | 1.0000117 | 1.0000117 | 1.0000117 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9951216 | 2024-04-18 07:26:30 |