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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Tanzanian Shilling/US Dollar (FOREX:TZSUSD)

Strong Downtrend (-100) - TZSUSD 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 TZSUSD?

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

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

FOREX_TZSUSD
Open High Low TZSUSD Price Change
0.0004315 0.0004315 0.0004315 0.0004315 0.0000000
Entry Signal

MarketClub’s Trade Triangles for TZSUSD

long term down The long-term trend has been DOWN since Feb 16th, 2021 at 0.00042899

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00043095

short term down The short-term trend has been DOWN since Feb 16th, 2021 at 0.00043134

Smart Scan Analysis for TZSUSD

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

-100
Smart Scan Analysis for TZSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0004315 0.0004315 0.0004315 0.0004315 0.0000000
Prev. Close Volume Bid Ask Time
0.0004315 2021-03-04 07:36:17
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