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Forex Trend Analysis Report
Prepared for you on Monday, October 14, 2024.
Euro/Tanzanian Shilling (FOREX:EURTZS)
Weak Downtrend (-65) - EURTZS is showing signs of a strengthening downtrend. Monitor EURTZS as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURTZS?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURTZS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURTZS
The long-term trend has been UP since Nov 11th, 2022 at 2388.39
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 3030.70
The short-term trend has been DOWN since Oct 2nd, 2024 at 3030.70
Smart Scan Analysis for EURTZS
Based on our trend formula, EURTZS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2988.2 | 2988.2 | 2988.2 | 2988.2 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2979.9 | 2024-10-09 07:25:18 |
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