Forex Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
US Dollar/Swaziland Lilangeni (FOREX:USDSZL)
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 USDSZL
The long term trend has been UP since May 28th, 2019 at 14.5120
The intermediate term trend has been UP since Jul 26th, 2019 at 14.2165
The short term trend has been UP since Jul 26th, 2019 at 14.1000
Smart Scan Analysis for USDSZL
Based on a pre-defined weighted trend formula for chart analysis, USDSZL scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).