Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Tanzanian Shilling/South African Rand (FOREX:TZSZAR)
Strong Downtrend (-100) - TZSZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TZSZAR continues to fall. Traders should use caution and set stops.
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 DOWN since Mar 7th, 2024 at 0.00732549
The short-term trend has been DOWN since Mar 20th, 2024 at 0.00731966
Smart Scan Analysis for TZSZAR
Based on our trend formula, TZSZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00739652 | 0.00742763 | 0.00733810 | 0.00734587 | -0.00005100 |
Prev. Close | Volume | Bid | Ask | Time |
0.00739652 | 2024-03-28 12:19:28 |