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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Euro/Tanzanian Shilling (FOREX:EURTZS)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURTZS
Open High Low EURTZS Price Change
2552.58 2552.58 2552.58 2552.58 0.00
Entry Signal

MarketClub’s Trade Triangles for EURTZS

long term down The long term trend has been DOWN since Mar 29th, 2019 at 2592.20

intermediate term down The intermediate term trend has been DOWN since Nov 10th, 2019 at 2552.12

short term up The short term trend has been UP since Dec 3rd, 2019 at 2532.74

Smart Scan Analysis for EURTZS

Based on a pre-defined weighted trend formula for chart analysis, EURTZS scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for EURTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2552.58 2552.58 2552.58 2552.58 0.00
Prev. Close Volume Bid Ask Time
2552.58 2502.58 2602.58 2019-12-08 20:00:23
Want to analyze Euro/Tanzanian Shilling EURTZS or another symbol? Try our Free Forex Trend Analysis Report.