Forex Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
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 Jul 9th, 2020 at 0.00038200
The intermediate-term trend has been DOWN since Jul 9th, 2020 at 0.00038200
The short-term trend has been DOWN since Jul 9th, 2020 at 0.00038278
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).