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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

US Dollar/Swaziland Lilangeni (FOREX:USDSZL)

Sidelines Mode (+55) - USDSZL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
18.930011 19.039540 18.930011 19.039540 +0.109529
Entry Signal

MarketClub’s Trade Triangles for USDSZL

long term up The long-term trend has been UP since Oct 5th, 2023 at 19.490

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2024 at 18.880

short term up The short-term trend has been UP since Mar 15th, 2024 at 18.655

Smart Scan Analysis for USDSZL

Based on our trend formula, USDSZL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDSZL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.930011 19.039540 18.930011 19.039540 +0.109529
Prev. Close Volume Bid Ask Time
18.930011 2024-03-28 08:26:03
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