Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
Tanzanian Shilling/US Dollar (FOREX:TZSUSD)
Countertrend Up (+85) - TZSUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for TZSUSD
The long-term trend has been UP since Mar 29th, 2020 at 0.00043696
The intermediate-term trend has been UP since Mar 29th, 2020 at 0.00043503
The short-term trend has been UP since Mar 29th, 2020 at 0.00043475
Smart Scan Analysis for TZSUSD
Based on our trend formula, TZSUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).