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Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Tanzanian Shilling/Euro (FOREX:TZSEUR)
Crossroads (-60) - TZSEUR 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 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.
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MarketClub’s Trade Triangles for TZSEUR
The long-term trend has been DOWN since Nov 11th, 2022 at 0.00041888
The intermediate-term trend has been UP since Apr 12th, 2024 at 0.00036151
The short-term trend has been UP since May 1st, 2024 at 0.00036002
Smart Scan Analysis for TZSEUR
Based on our trend formula, TZSEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00036083 | 0.00036083 | 0.00036083 | 0.00036083 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00035796 | 2024-05-02 07:26:26 |