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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

US Dollar/Tanzanian Shilling (FOREX:USDTZS)

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.

Open High Low USDTZS Price Change
2240.8 2247.5 2240.6 2246.8 +6.0
Entry Signal

MarketClub’s Trade Triangles for USDTZS

long term up The long term trend has been UP since Sep 12th, 2017 at 2243.6

intermediate term down The intermediate term trend has been DOWN since Nov 14th, 2017 at 2234.6

short term down The short term trend has been DOWN since Nov 22nd, 2017 at 2240.7

Smart Scan Analysis for USDTZS

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

Smart Scan Analysis for USDTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2240.8 2247.5 2240.6 2246.8 +6.0
Prev. Close Volume Bid Ask Time
2240.8 2243.5 2250.1 2017-11-22 13:38:26
Want to analyze US Dollar/Tanzanian Shilling USDTZS or another symbol? Try our Free Forex Trend Analysis Report.