Forex Trend Analysis Report
Prepared for you on Wednesday, June 26, 2019.
US Dollar/Swaziland Lilangeni (FOREX:USDSZL)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 USDSZL
The long term trend has been UP since May 28th, 2019 at 14.5120
The intermediate term trend has been DOWN since Jun 20th, 2019 at 14.4110
The short term trend has been UP since Jun 24th, 2019 at 14.2895
Smart Scan Analysis for USDSZL
Based on a pre-defined weighted trend formula for chart analysis, USDSZL scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).