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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Tanzanian Shilling/Euro (FOREX:TZSEUR)

Countertrend Up (+85) - TZSEUR 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 TZSEUR?

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

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

FOREX_TZSEUR
Open High Low TZSEUR Price Change
0.00035671 0.00035671 0.00035671 0.00035671 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TZSEUR

long term up The long-term trend has been UP since Nov 7th, 2024 at 0.00034167

intermediate term up The intermediate-term trend has been UP since Oct 2nd, 2024 at 0.00033005

short term up The short-term trend has been UP since Oct 2nd, 2024 at 0.00033005

Smart Scan Analysis for TZSEUR

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

+80
Smart Scan Analysis for TZSEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00035671 0.00035671 0.00035671 0.00035671 0.00000000
Prev. Close Volume Bid Ask Time
0.00035671 2024-11-18 13:11:45
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