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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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, EURTZS continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 7th, 2024 at 2927.7
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 3030.7
The short-term trend has been DOWN since Oct 2nd, 2024 at 3030.7
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2804.3 | 2804.3 | 2804.3 | 2804.3 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2804.3 | 2024-11-18 13:11:45 |