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Forex Trend Analysis Report

Prepared for you on Saturday, January 20, 2018.

Euro/Tanzanian Shilling (FOREX:EURTZS)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
2745.9050 2760.3280 2745.9050 2751.2155 +5.3105
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 up The intermediate term trend has been UP since Dec 25th, 2017 at 2667.4770

short term up The short term trend has been UP since Jan 11th, 2018 at 2697.4805

Smart Scan Analysis for EURTZS

Based on a pre-defined weighted trend formula for chart analysis, EURTZS scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for EURTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2745.9050 2760.3280 2745.9050 2751.2155 +5.3105
Prev. Close Volume Bid Ask Time
2745.9050 2744.7590 2757.6720 2018-01-19 13:37:14
Want to analyze Euro/Tanzanian Shilling EURTZS or another symbol? Try our Free Forex Trend Analysis Report.