Forex Trend Analysis Report
Prepared for you on Tuesday, March 20, 2018.
British Pound/Tanzanian Shilling (FOREX:GBPTZS)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 GBPTZS
The long term trend has been UP since Jan 23rd, 2017 at 2813.60
The intermediate term trend has been UP since Mar 19th, 2018 at 3167.80
The short term trend has been UP since Mar 12th, 2018 at 3135.05
Smart Scan Analysis for GBPTZS
Based on a pre-defined weighted trend formula for chart analysis, GBPTZS scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).