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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
South African Rand/Swaziland Lilangeni (FOREX:ZARSZL)
Long-Term Downtrend (-90) - ZARSZL is in a strong downtrend that is likely to continue. While ZARSZL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZARSZL?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARSZL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZARSZL
The long-term trend has been DOWN since Feb 5th, 2024 at 0.9948957
The intermediate-term trend has been DOWN since Apr 7th, 2024 at 0.9980560
The short-term trend has been DOWN since Apr 22nd, 2024 at 0.9981621
Smart Scan Analysis for ZARSZL
Based on our trend formula, ZARSZL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9955681 | 0.9955681 | 0.9955681 | 0.9955681 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0017834 | 2024-04-24 21:01:06 |