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Forex Trend Analysis Report

Prepared for you on Friday, September 21, 2018.

Tanzanian Shilling/US Dollar (FOREX:TZSUSD)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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
0.000438 0.000438 0.000438 0.000438 0.000000
Entry Signal

MarketClub’s Trade Triangles for TZSUSD

long term up The long term trend has been UP since Jul 8th, 2018 at 0.000440

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2018 at 0.000436

short term down The short term trend has been DOWN since Sep 16th, 2018 at 0.000437

Smart Scan Analysis for TZSUSD

Based on a pre-defined weighted trend formula for chart analysis, TZSUSD scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for TZSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.000438 0.000438 0.000438 0.000438 0.000000
Prev. Close Volume Bid Ask Time
0.000438 0.000437 0.000439 2018-09-20 14:25:08
Want to analyze Tanzanian Shilling/US Dollar TZSUSD or another symbol? Try our Free Forex Trend Analysis Report.