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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.
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MarketClub’s Trade Triangles for USDTZS
The long-term trend has been UP since Apr 28th, 2020 at 2318.0275
The intermediate-term trend has been DOWN since Feb 4th, 2021 at 2317.9910
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).
| 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 |