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Forex Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
Tanzanian Shilling/Euro (FOREX:TZSEUR)
Long-Term Downtrend (-90) - TZSEUR is in a strong downtrend that is likely to continue. While TZSEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for TZSEUR
The long-term trend has been DOWN since Jul 9th, 2020 at 0.00038200
The intermediate-term trend has been DOWN since Oct 13th, 2020 at 0.00036813
The short-term trend has been DOWN since Oct 19th, 2020 at 0.00036746
Smart Scan Analysis for TZSEUR
Based on our trend formula, TZSEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00036482 | 0.00036482 | 0.00036482 | 0.00036482 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00036482 | 2020-10-27 22:05:28 |