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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

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.

Open High Low USDTZS Price Change
2319.5 2319.5 2318.5 2319.0 -0.5
Entry Signal

MarketClub’s Trade Triangles for USDTZS

long term up The long-term trend has been UP since Apr 28th, 2020 at 2318.0275

intermediate term down The intermediate-term trend has been DOWN since Feb 4th, 2021 at 2317.9910

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 2318.7370

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).

Smart Scan Analysis for USDTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2319.5 2319.5 2318.5 2319.0 -0.5
Prev. Close Volume Bid Ask Time
2319.5 2021-03-05 07:55:33
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