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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Tanzanian Shilling/US Dollar (FOREX:TZSUSD)
Countertrend Down (-85) - TZSUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid TZSUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TZSUSD.
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 TZSUSD
The long-term trend has been DOWN since Jan 18th, 2023 at 0.00042719
The intermediate-term trend has been DOWN since Jul 4th, 2024 at 0.00037792
The short-term trend has been UP since Jul 11th, 2024 at 0.00037682
Smart Scan Analysis for TZSUSD
Based on our trend formula, TZSUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for TZSUSD](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00037052 | 0.00037063 | 0.00037052 | 0.00037063 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.00037052 | 2024-07-26 14:00:16 |