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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

British Pound/Tanzanian Shilling (FOREX:GBPTZS)

Crossroads (-60) - GBPTZS 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 GBPTZS?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTZS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPTZS
Open High Low GBPTZS Price Change
2905.8245 2905.8245 2905.8245 2905.8245 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPTZS

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 2966.1189

intermediate term up The intermediate-term trend has been UP since Jun 2nd, 2020 at 2860.6491

short term up The short-term trend has been UP since Jun 2nd, 2020 at 2840.1385

Smart Scan Analysis for GBPTZS

Based on our trend formula, GBPTZS is rated as a -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
2905.8245 2905.8245 2905.8245 2905.8245 0.0000
Prev. Close Volume Bid Ask Time
2905.8245 2849.6305 2962.0185 2020-06-02 07:18:17
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