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Forex Trend Analysis Report

Prepared for you on Monday, March 25, 2019.

Tanzanian Shilling/South African Rand (FOREX:TZSZAR)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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.

FOREX_TZSZAR
Open High Low TZSZAR Price Change
0.006195 0.006198 0.006092 0.006105 -0.000090
Entry Signal

MarketClub’s Trade Triangles for TZSZAR

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 0.005915

intermediate term up The intermediate term trend has been UP since Feb 14th, 2019 at 0.006057

short term up The short term trend has been UP since Mar 22nd, 2019 at 0.006199

Smart Scan Analysis for TZSZAR

Based on a pre-defined weighted trend formula for chart analysis, TZSZAR scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for TZSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006195 0.006198 0.006092 0.006105 -0.000090
Prev. Close Volume Bid Ask Time
0.006195 0.006099 0.006111 2019-03-25 22:49:10
Want to analyze Tanzanian Shilling/South African Rand TZSZAR or another symbol? Try our Free Forex Trend Analysis Report.