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Forex Trend Analysis Report

Prepared for you on Sunday, May 28, 2017.

US Dollar/Tanzanian Shilling (FOREX:USDTZS)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_USDTZS
Open High Low USDTZS Price Change
2238.1 2238.1 2235.7 2236.3 -1.8
Entry Signal

MarketClub’s Trade Triangles for USDTZS

long term up The long term trend has been UP since Nov 17th, 2016 at 2200.50

intermediate term down The intermediate term trend has been DOWN since May 19th, 2017 at 2232.65

short term up The short term trend has been UP since May 22nd, 2017 at 2238.40

Smart Scan Analysis for USDTZS

Based on a pre-defined weighted trend formula for chart analysis, USDTZS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for USDTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2238.1 2238.1 2235.7 2236.3 -1.8
Prev. Close Volume Bid Ask Time
2238.1 2231.0 2241.6 2017-05-26 14:28:54
Want to analyze US Dollar/Tanzanian Shilling USDTZS or another symbol? Try our Free Forex Trend Analysis Report.