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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Tanzanian Shilling/South African Rand (FOREX:TZSZAR)
Long-Term Uptrend (+90) - TZSZAR is in a strong uptrend that is likely to continue. While TZSZAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for TZSZAR
The long-term trend has been UP since Dec 4th, 2024 at 0.00691515
The intermediate-term trend has been UP since Oct 31st, 2024 at 0.00654873
The short-term trend has been UP since Dec 25th, 2024 at 0.00775826
Smart Scan Analysis for TZSZAR
Based on our trend formula, TZSZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00774432 | 0.00780987 | 0.00767402 | 0.00778726 | +0.00004300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00774432 | 2024-12-26 16:26:08 |