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Forex Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

Tanzanian Shilling/South African Rand (FOREX:TZSZAR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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
0.006073 0.006073 0.006073 0.006073 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 down The intermediate term trend has been DOWN since Sep 26th, 2018 at 0.006212

short term down The short term trend has been DOWN since Nov 14th, 2018 at 0.006237

Smart Scan Analysis for TZSZAR

Based on a pre-defined weighted trend formula for chart analysis, TZSZAR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for TZSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006073 0.006073 0.006073 0.006073 0.000000
Prev. Close Volume Bid Ask Time
0.006073 0.006067 0.006080 2018-11-18 04:50:03
Want to analyze Tanzanian Shilling/South African Rand TZSZAR or another symbol? Try our Free Forex Trend Analysis Report.