Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
US Dollar/Tanzanian Shilling (FOREX:USDTZS)
Crossroads (+60) - USDTZS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDTZS?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDTZS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDTZS
The long-term trend has been DOWN since Nov 7th, 2024 at 2680.676
The intermediate-term trend has been UP since Jan 6th, 2025 at 2464.999
The short-term trend has been UP since Jan 9th, 2025 at 2492.500
Smart Scan Analysis for USDTZS
Based on our trend formula, USDTZS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2529.9112 | 2529.9560 | 2529.9112 | 2529.9560 | +0.0448 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2525.0000 | 2025-01-19 19:33:03 |