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Forex Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

Euro/Tanzanian Shilling (FOREX:EURTZS)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURTZS
Open High Low EURTZS Price Change
2648.5115 2653.6785 2642.0280 2649.1855 +0.6740
Entry Signal

MarketClub’s Trade Triangles for EURTZS

long term down The long term trend has been DOWN since Nov 6th, 2017 at 2603.4260

intermediate term down The intermediate term trend has been DOWN since Nov 6th, 2017 at 2603.4260

short term up The short term trend has been UP since Nov 14th, 2017 at 2626.1325

Smart Scan Analysis for EURTZS

Based on a pre-defined weighted trend formula for chart analysis, EURTZS scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for EURTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2648.5115 2653.6785 2642.0280 2649.1855 +0.6740
Prev. Close Volume Bid Ask Time
2648.5115 2644.7210 2653.6500 2017-11-17 13:42:34
Want to analyze Euro/Tanzanian Shilling EURTZS or another symbol? Try our Free Forex Trend Analysis Report.