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Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

British Pound/Tanzanian Shilling (FOREX:GBPTZS)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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
2984.90 2985.80 2926.00 2938.25 -46.65
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 down The intermediate term trend has been DOWN since Oct 24th, 2018 at 2954.7000

short term up The short term trend has been UP since Nov 15th, 2018 at 2985.4500

Smart Scan Analysis for GBPTZS

Based on a pre-defined weighted trend formula for chart analysis, GBPTZS scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for GBPTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2984.90 2985.80 2926.00 2938.25 -46.65
Prev. Close Volume Bid Ask Time
2984.9 2881.90 2994.60 2018-11-15 20:43:09
Want to analyze British Pound/Tanzanian Shilling GBPTZS or another symbol? Try our Free Forex Trend Analysis Report.