Forex Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
Tanzanian Shilling/US Dollar (FOREX:TZSUSD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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.
MarketClub’s Trade Triangles for TZSUSD
The long term trend has been DOWN since Sep 27th, 2018 at 0.000435
The intermediate term trend has been UP since Mar 20th, 2019 at 0.000428
The short term trend has been UP since Mar 20th, 2019 at 0.000427
Smart Scan Analysis for TZSUSD
Based on a pre-defined weighted trend formula for chart analysis, TZSUSD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).