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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

Tanzanian Shilling/Euro (FOREX:TZSEUR)

Crossroads (+60) - TZSEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00035618 0.00035618 0.00035618 0.00035618 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TZSEUR

long term down The long-term trend has been DOWN since Nov 11th, 2022 at 0.00041888

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2024 at 0.00035542

short term up The short-term trend has been UP since Jun 10th, 2024 at 0.00035104

Smart Scan Analysis for TZSEUR

Based on our trend formula, TZSEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for TZSEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00035618 0.00035618 0.00035618 0.00035618 0.00000000
Prev. Close Volume Bid Ask Time
0.00035618 2024-06-16 21:00:28
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