Forex Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
US Dollar/Tanzanian Shilling (FOREX:USDTZS)
Long-Term Uptrend (+90) - USDTZS is in a strong uptrend that is likely to continue. While USDTZS 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 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 UP since Feb 5th, 2020 at 2312.1555
The intermediate-term trend has been UP since Jan 19th, 2020 at 2301.7000
The short-term trend has been UP since Feb 20th, 2020 at 2310.5298
Smart Scan Analysis for USDTZS
Based on our trend formula, USDTZS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).