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Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

British Pound/Tanzanian Shilling (FOREX:GBPTZS)

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_GBPTZS
Open High Low GBPTZS Price Change
3003.05 3008.40 2995.10 3007.20 +4.15
Entry Signal

MarketClub’s Trade Triangles for GBPTZS

long term down The long term trend has been DOWN since May 4th, 2018 at 3091.2985

intermediate term up The intermediate term trend has been UP since Aug 29th, 2018 at 2971.7000

short term up The short term trend has been UP since Sep 11th, 2018 at 2977.6000

Smart Scan Analysis for GBPTZS

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

+70
Smart Scan Analysis for GBPTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3003.05 3008.40 2995.10 3007.20 +4.15
Prev. Close Volume Bid Ask Time
3003.05 2950.80 3063.60 2018-09-18 21:15:35
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