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Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

Tanzanian Shilling/US Dollar (FOREX:TZSUSD)

Bear Market Rally (-75) - TZSUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TZSUSD as it may be in the beginning of a reversal.

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
0.00042773 0.00042773 0.00042773 0.00042773 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TZSUSD

long term down The long-term trend has been DOWN since Jan 18th, 2023 at 0.00042719

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2023 at 0.00042772

short term up The short-term trend has been UP since Mar 17th, 2023 at 0.00042779

Smart Scan Analysis for TZSUSD

Based on our trend formula, TZSUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for TZSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00042773 0.00042773 0.00042773 0.00042773 0.00000000
Prev. Close Volume Bid Ask Time
0.00042773 2023-03-31 07:27:25
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