Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
US Dollar/Tanzanian Shilling (FOREX:USDTZS)
Bear Market Rally (-75) - USDTZS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDTZS as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDTZS?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDTZS.
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 USDTZS
The long-term trend has been DOWN since Nov 7th, 2024 at 2680.676
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 2720.000
The short-term trend has been UP since Dec 29th, 2024 at 2425.000
Smart Scan Analysis for USDTZS
Based on our trend formula, USDTZS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2430 | 2435 | 2430 | 2435 | +5 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2430 | 2025-01-02 04:16:34 |