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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

US Dollar/Tanzanian Shilling (FOREX:USDTZS)

Weak Uptrend (+65) - USDTZS is showing signs of weakening momentum to the upside. Monitor USDTZS as it may be in the beginning stages of a reversal.

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.

FOREX_USDTZS
Open High Low USDTZS Price Change
2313.588 2313.588 2313.176 2313.176 -0.412
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 up The intermediate-term trend has been UP since May 21st, 2020 at 2322.7321

short term down The short-term trend has been DOWN since May 31st, 2020 at 2313.1000

Smart Scan Analysis for USDTZS

Based on our trend formula, USDTZS is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2313.588 2313.588 2313.176 2313.176 -0.412
Prev. Close Volume Bid Ask Time
2313.588 2313.161 2313.191 2020-06-01 10:22:45
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