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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2019.

British Pound/Tanzanian Shilling (FOREX:GBPTZS)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_GBPTZS
Open High Low GBPTZS Price Change
3019.75 3020.15 2985.45 2999.05 -20.70
Entry Signal

MarketClub’s Trade Triangles for GBPTZS

long term up The long term trend has been UP since Jan 25th, 2019 at 3033.45

intermediate term down The intermediate term trend has been DOWN since Mar 29th, 2019 at 3032.35

short term down The short term trend has been DOWN since Apr 17th, 2019 at 3022.15

Smart Scan Analysis for GBPTZS

Based on a pre-defined weighted trend formula for chart analysis, GBPTZS scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GBPTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3019.75 3020.15 2985.45 2999.05 -20.70
Prev. Close Volume Bid Ask Time
3019.75 2992.30 3005.80 2019-04-18 09:00:50
Want to analyze British Pound/Tanzanian Shilling GBPTZS or another symbol? Try our Free Forex Trend Analysis Report.