Forex Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
Euro/Tanzanian Shilling (FOREX:EURTZS)
Crossroads (-60) - EURTZS 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 EURTZS?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURTZS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURTZS
The long-term trend has been DOWN since Mar 7th, 2021 at 2778.73
The intermediate-term trend has been UP since Apr 16th, 2021 at 2738.30
The short-term trend has been UP since Apr 6th, 2021 at 2721.79
Smart Scan Analysis for EURTZS
Based on our trend formula, EURTZS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).