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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Euro/Tanzanian Shilling (FOREX:EURTZS)

Countertrend Up (+85) - EURTZS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_EURTZS
Open High Low EURTZS Price Change
2522.35 2522.35 2522.35 2522.35 0.00
Entry Signal

MarketClub’s Trade Triangles for EURTZS

long term up The long-term trend has been UP since Mar 9th, 2020 at 2580.16

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 2529.56

short term up The short-term trend has been UP since May 20th, 2020 at 2514.76

Smart Scan Analysis for EURTZS

Based on our trend formula, EURTZS is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2522.35 2522.35 2522.35 2522.35 0.00
Prev. Close Volume Bid Ask Time
2522.35 2472.35 2572.35 2020-05-25 21:04:40
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