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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.

FOREX_USDTZS
Open High Low USDTZS Price Change
2310.652 2310.700 2310.652 2310.700 +0.048
Entry Signal

MarketClub’s Trade Triangles for USDTZS

long term up The long-term trend has been UP since Feb 5th, 2020 at 2312.1555

intermediate term up The intermediate-term trend has been UP since Jan 19th, 2020 at 2301.7000

short term up 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).

+90
Smart Scan Analysis for USDTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2310.652 2310.700 2310.652 2310.700 +0.048
Prev. Close Volume Bid Ask Time
2310.652 2305.700 2315.700 2020-02-20 19:34:16
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