Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
US Dollar/Tanzanian Shilling (FOREX:USDTZS)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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.
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MarketClub’s Trade Triangles for USDTZS
The long term trend has been UP since Oct 27th, 2019 at 2308.95
The intermediate term trend has been DOWN since Nov 18th, 2019 at 2300.70
The short term trend has been UP since Dec 6th, 2019 at 2298.00
Smart Scan Analysis for USDTZS
Based on a pre-defined weighted trend formula for chart analysis, USDTZS scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2297.5000 | 2301.0417 | 2297.5000 | 2297.6000 | +0.1000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2297.5000 | 2292.6000 | 2302.6000 | 2019-12-06 15:50:37 |