Forex Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
British Pound/Tanzanian Shilling (FOREX:GBPTZS)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 DOWN since May 4th, 2018 at 3091.2985
The intermediate term trend has been DOWN since Apr 27th, 2018 at 3158.8025
The short term trend has been DOWN since Jun 12th, 2018 at 3034.9000
Smart Scan Analysis for GBPTZS
Based on a pre-defined weighted trend formula for chart analysis, GBPTZS scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).