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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Tanzanian Shilling/South African Rand (FOREX:TZSZAR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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_TZSZAR
Open High Low TZSZAR Price Change
0.006297 0.006310 0.006219 0.006297 0.000000
Entry Signal

MarketClub’s Trade Triangles for TZSZAR

long term up The long term trend has been UP since May 1st, 2018 at 0.005485

intermediate term up The intermediate term trend has been UP since Aug 9th, 2018 at 0.005976

short term down The short term trend has been DOWN since Sep 19th, 2018 at 0.006486

Smart Scan Analysis for TZSZAR

Based on a pre-defined weighted trend formula for chart analysis, TZSZAR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for TZSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006297 0.006310 0.006219 0.006297 0.000000
Prev. Close Volume Bid Ask Time
0.006297 0.006295 0.006300 2018-09-24 18:02:05
Want to analyze Tanzanian Shilling/South African Rand TZSZAR or another symbol? Try our Free Forex Trend Analysis Report.