Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
Tanzanian Shilling/South African Rand (FOREX:TZSZAR)
Bull Market Weakness (+75) - TZSZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TZSZAR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TZSZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TZSZAR.
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 TZSZAR
The long-term trend has been DOWN since Dec 21st, 2023 at 0.00716543
The intermediate-term trend has been UP since Oct 31st, 2024 at 0.00654873
The short-term trend has been UP since Dec 2nd, 2024 at 0.00690795
Smart Scan Analysis for TZSZAR
Based on our trend formula, TZSZAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00688383 | 0.00689161 | 0.00681728 | 0.00688384 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00688383 | 2024-12-03 20:03:10 |