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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.

FOREX_TZSUSD
Open High Low TZSUSD Price Change
0.00043229 0.00043229 0.00043229 0.00043229 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TZSUSD

long term up The long-term trend has been UP since Mar 29th, 2020 at 0.00043696

intermediate term up The intermediate-term trend has been UP since Mar 29th, 2020 at 0.00043503

short term up 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).

+80
Smart Scan Analysis for TZSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00043229 0.00043229 0.00043229 0.00043229 0.00000000
Prev. Close Volume Bid Ask Time
0.00043205 0.00042374 0.00044085 2020-04-02 07:19:21
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