Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Tanzanian Shilling/Euro (FOREX:TZSEUR)
Strong Downtrend (-100) - TZSEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TZSEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TZSEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TZSEUR
The long-term trend has been DOWN since Nov 27th, 2020 at 0.00036231
The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00035483
The short-term trend has been DOWN since Feb 25th, 2021 at 0.00035465
Smart Scan Analysis for TZSEUR
Based on our trend formula, TZSEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).