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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

British Pound/Tanzanian Shilling (FOREX:GBPTZS)

Strong Downtrend (-100) - GBPTZS 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 GBPTZS?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTZS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPTZS
Open High Low GBPTZS Price Change
2824.2164 2824.2164 2824.2164 2824.2164 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPTZS

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 2966.1189

intermediate term down The intermediate-term trend has been DOWN since May 5th, 2020 at 2881.8501

short term down The short-term trend has been DOWN since May 5th, 2020 at 2882.9483

Smart Scan Analysis for GBPTZS

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

-100
Smart Scan Analysis for GBPTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2824.2164 2824.2164 2824.2164 2824.2164 0.0000
Prev. Close Volume Bid Ask Time
2824.2164 2768.2325 2880.2002 2020-05-25 21:04:40
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