Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

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
0.00742727 0.00743000 0.00736519 0.00740087 -0.00002600
Entry Signal

MarketClub’s Trade Triangles for TZSZAR

long term down The long-term trend has been DOWN since Dec 21st, 2023 at 0.00716543

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 0.00742763

short term up The short-term trend has been UP since Apr 12th, 2024 at 0.00730548

Smart Scan Analysis for TZSZAR

Based on our trend formula, TZSZAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for TZSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00742727 0.00743000 0.00736519 0.00740087 -0.00002600
Prev. Close Volume Bid Ask Time
0.00742727 2024-04-24 08:05:39
Get a free daily analysis and signals for Tanzanian Shilling/South African Rand (TZSZAR) - Request Your Free Report.