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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Tanzanian Shilling/US Dollar (FOREX:TZSUSD)
Countertrend Up (+85) - TZSUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for TZSUSD
The long-term trend has been UP since Nov 7th, 2024 at 0.00037063
The intermediate-term trend has been UP since Oct 16th, 2024 at 0.00036703
The short-term trend has been UP since Oct 31st, 2024 at 0.00036814
Smart Scan Analysis for TZSUSD
Based on our trend formula, TZSUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00037585 | 0.00037777 | 0.00037585 | 0.00037777 | +0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00037585 | 2024-11-18 13:11:45 |