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.
MarketClub’s Trade Triangles for SZLZAR
The long term trend has been UP since Dec 4th, 2018 at 1.010140
The intermediate term trend has been UP since Feb 18th, 2019 at 1.001250
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).