Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
Tanzanian Shilling/British Pound (FOREX:TZSGBP)
Weak Uptrend (+65) - TZSGBP is showing signs of weakening momentum to the upside. Monitor TZSGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TZSGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for TZSGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TZSGBP
The long-term trend has been UP since Mar 4th, 2020 at 0.00033727
The intermediate-term trend has been UP since Mar 12th, 2020 at 0.00033884
The short-term trend has been DOWN since Mar 29th, 2020 at 0.00035901
Smart Scan Analysis for TZSGBP
Based on our trend formula, TZSGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).