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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

US Dollar/Swaziland Lilangeni (FOREX:USDSZL)

Bear Market Rally (-75) - USDSZL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDSZL as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid USDSZL?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDSZL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDSZL
Open High Low USDSZL Price Change
18.307456 18.342007 18.307456 18.342007 +0.034551
Entry Signal

MarketClub’s Trade Triangles for USDSZL

long term down The long-term trend has been DOWN since Apr 8th, 2024 at 18.530000

intermediate term up The intermediate-term trend has been UP since May 30th, 2024 at 18.609414

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 18.710000

Smart Scan Analysis for USDSZL

Based on our trend formula, USDSZL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for USDSZL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.307456 18.342007 18.307456 18.342007 +0.034551
Prev. Close Volume Bid Ask Time
18.330000 2024-06-16 21:00:27
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