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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Tanzanian Shilling (FOREX:EURTZS)
Long-Term Uptrend (+90) - EURTZS is in a strong uptrend that is likely to continue. While EURTZS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid EURTZS?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURTZS.
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 EURTZS
The long-term trend has been UP since Nov 11th, 2022 at 2388.39
The intermediate-term trend has been UP since May 8th, 2024 at 2781.20
The short-term trend has been UP since May 8th, 2024 at 2781.20
Smart Scan Analysis for EURTZS
Based on our trend formula, EURTZS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2789.3 | 2789.3 | 2789.3 | 2789.3 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2789.3 | 2024-05-08 21:02:50 |