Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Euro/Tanzanian Shilling (FOREX:EURTZS)
Strong Downtrend (-100) - EURTZS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid
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.
MarketClub’s Trade Triangles for EURTZS
The long-term trend has been DOWN since Feb 11th, 2020 at 2529.68
The intermediate-term trend has been DOWN since Jan 24th, 2020 at 2553.64
The short-term trend has been DOWN since Feb 5th, 2020 at 2548.50
Smart Scan Analysis for EURTZS
Based on our trend formula, EURTZS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).