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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Euro/Tanzanian Shilling (FOREX:EURTZS)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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
2603.30 2611.70 2596.55 2603.65 +0.35
Entry Signal

MarketClub’s Trade Triangles for EURTZS

long term down The long term trend has been DOWN since May 1st, 2018 at 2738.455

intermediate term down The intermediate term trend has been DOWN since Aug 3rd, 2018 at 2638.450

short term up The short term trend has been UP since Aug 17th, 2018 at 2608.550

Smart Scan Analysis for EURTZS

Based on a pre-defined weighted trend formula for chart analysis, EURTZS scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for EURTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2603.30 2611.70 2596.55 2603.65 +0.35
Prev. Close Volume Bid Ask Time
2603.3 2597.60 2609.70 2018-08-17 14:25:16
Want to analyze Euro/Tanzanian Shilling EURTZS or another symbol? Try our Free Forex Trend Analysis Report.