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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

Tanzanian Shilling/South African Rand (FOREX:TZSZAR)

Bull Market Weakness (+75) - TZSZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TZSZAR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid TZSZAR?

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

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

FOREX_TZSZAR
Open High Low TZSZAR Price Change
0.00807688 0.00808851 0.00788258 0.00789628 -0.00018100
Entry Signal

MarketClub’s Trade Triangles for TZSZAR

long term up The long-term trend has been UP since Feb 24th, 2020 at 0.00657720

intermediate term up The intermediate-term trend has been UP since Jan 14th, 2020 at 0.00628172

short term down The short-term trend has been DOWN since Apr 7th, 2020 at 0.00800375

Smart Scan Analysis for TZSZAR

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

+75
Smart Scan Analysis for TZSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00807688 0.00808851 0.00788258 0.00789628 -0.00018100
Prev. Close Volume Bid Ask Time
0.00807688 0.00789395 0.00789861 2020-04-07 06:28:06
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