Forex Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Tanzanian Shilling/British Pound (FOREX:TZSGBP)
Bull Market Weakness (+75) - TZSGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TZSGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TZSGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for TZSGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TZSGBP
The long-term trend has been UP since Mar 4th, 2020 at 0.00033727
The intermediate-term trend has been UP since May 5th, 2020 at 0.00034714
The short-term trend has been UP since May 5th, 2020 at 0.00034701
Smart Scan Analysis for TZSGBP
Based on our trend formula, TZSGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).