Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Tanzanian Shilling/Euro (FOREX:TZSEUR)
Bull Market Weakness (+75) - TZSEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TZSEUR as it may be in the beginning stages of a reversal.
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 UP since Aug 9th, 2021 at 0.00036646
The intermediate-term trend has been UP since Sep 22nd, 2021 at 0.00036661
The short-term trend has been UP since Sep 13th, 2021 at 0.00036461
Smart Scan Analysis for TZSEUR
Based on our trend formula, TZSEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).