An angle-adjustable and swingable Smith machine includes: a frame part for forming an exercise space; a swing part which is disposed in the exercise space and is connected to the frame part; a guide part which is integrally coupled to the swing part and performs a swing operation together with the swing part; a rail part, which is installed on the upper end of the frame part, for guiding the movement of the swing part, and setting or fixing the angle of the swing part; an angle adjustment part for adjusting the angle of the swing part by interworking with the rail part; and a barbell part which is coupled to the guide part so as to ascend and descend.