Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Euro/Tanzanian Shilling (FOREX:EURTZS)
Strong Uptrend (+100) - EURTZS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURTZS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for EURTZS
The long-term trend has been UP since Nov 27th, 2020 at 2761.01
The intermediate-term trend has been UP since Feb 16th, 2021 at 2819.17
The short-term trend has been UP since Feb 25th, 2021 at 2820.61
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).