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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

Tanzanian Shilling/US Dollar (FOREX:TZSUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_TZSUSD
Open High Low TZSUSD Price Change
0.000435 0.000435 0.000434 0.000434 -0.000001
Entry Signal

MarketClub’s Trade Triangles for TZSUSD

long term down The long term trend has been DOWN since Sep 27th, 2018 at 0.000435

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2019 at 0.000431

short term down The short term trend has been DOWN since Jan 10th, 2019 at 0.000434

Smart Scan Analysis for TZSUSD

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

-100
Smart Scan Analysis for TZSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.000435 0.000435 0.000434 0.000434 -0.000001
Prev. Close Volume Bid Ask Time
0.000435 0.000433 0.000435 2019-01-15 13:04:53
Want to analyze Tanzanian Shilling/US Dollar TZSUSD or another symbol? Try our Free Forex Trend Analysis Report.