Forex Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
Swaziland Lilangeni/South African Rand (FOREX:SZLZAR)
Sidelines Mode (+50) - SZLZAR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SZLZAR can gain momentum.
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.
MarketClub’s Trade Triangles for SZLZAR
The long-term trend has been DOWN since Dec 8th, 2020 at 0.9935899
The intermediate-term trend has been UP since Dec 28th, 2020 at 1.0016516
The short-term trend has been UP since Jan 21st, 2021 at 0.9997400
Smart Scan Analysis for SZLZAR
Based on our trend formula, SZLZAR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).