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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

British Pound/Tanzanian Shilling (FOREX:GBPTZS)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
2997.50 2997.70 2975.70 2976.15 -21.35
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 Dec 25th, 2018 at 2952.0000

short term up The short term trend has been UP since Jan 7th, 2019 at 2935.3000

Smart Scan Analysis for GBPTZS

Based on a pre-defined weighted trend formula for chart analysis, GBPTZS scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for GBPTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2997.50 2997.70 2975.70 2976.15 -21.35
Prev. Close Volume Bid Ask Time
2997.5 2969.50 2982.80 2019-01-18 13:01:45
Want to analyze British Pound/Tanzanian Shilling GBPTZS or another symbol? Try our Free Forex Trend Analysis Report.