Forex Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
Euro/Tanzanian Shilling (FOREX:EURTZS)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for EURTZS
The long term trend has been UP since Apr 18th, 2018 at 2826.3050
The intermediate term trend has been UP since Apr 18th, 2018 at 2819.9785
The short term trend has been DOWN since Apr 23rd, 2018 at 2805.0480
Smart Scan Analysis for EURTZS
Based on a pre-defined weighted trend formula for chart analysis, EURTZS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).