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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Tanzanian Shilling/Euro (FOREX:TZSEUR)
Long-Term Downtrend (-90) - TZSEUR is in a strong downtrend that is likely to continue. While TZSEUR 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 TZSEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TZSEUR.
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 TZSEUR
The long-term trend has been DOWN since Nov 11th, 2022 at 0.00041888
The intermediate-term trend has been DOWN since May 8th, 2024 at 0.00035967
The short-term trend has been DOWN since May 8th, 2024 at 0.00035967
Smart Scan Analysis for TZSEUR
Based on our trend formula, TZSEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00035863 | 0.00035863 | 0.00035863 | 0.00035863 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00035863 | 2024-05-08 21:02:50 |