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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.

FOREX_GBPTZS
Open High Low GBPTZS Price Change
3017.1000 3031.7000 3012.5645 3029.6500 +12.5500
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 Apr 27th, 2018 at 3158.8025

short term down 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).

-90
Smart Scan Analysis for GBPTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3017.1000 3031.7000 3012.5645 3029.6500 +12.5500
Prev. Close Volume Bid Ask Time
3017.1 3022.6000 3036.7000 2018-06-15 14:41:54
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