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Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

Tanzanian Shilling/British Pound (FOREX:TZSGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_TZSGBP
Open High Low TZSGBP Price Change
0.000323 0.000328 0.000322 0.000327 +0.000004
Entry Signal

MarketClub’s Trade Triangles for TZSGBP

long term down The long term trend has been DOWN since Jan 25th, 2019 at 0.000330

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2019 at 0.000339

short term up The short term trend has been UP since Mar 20th, 2019 at 0.000323

Smart Scan Analysis for TZSGBP

Based on a pre-defined weighted trend formula for chart analysis, TZSGBP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for TZSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.000323 0.000328 0.000322 0.000327 +0.000004
Prev. Close Volume Bid Ask Time
0.000323 0.000326 0.000328 2019-03-21 14:27:33
Want to analyze Tanzanian Shilling/British Pound TZSGBP or another symbol? Try our Free Forex Trend Analysis Report.