Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, October 19, 2019.

US Dollar/Tanzanian Shilling (FOREX:USDTZS)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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_USDTZS
Open High Low USDTZS Price Change
2298.2565 2298.2565 2297.1824 2297.1824 -1.0741
Entry Signal

MarketClub’s Trade Triangles for USDTZS

long term down The long term trend has been DOWN since Apr 18th, 2019 at 2296.70

intermediate term up The intermediate term trend has been UP since Sep 25th, 2019 at 2305.15

short term down The short term trend has been DOWN since Oct 17th, 2019 at 2297.60

Smart Scan Analysis for USDTZS

Based on a pre-defined weighted trend formula for chart analysis, USDTZS scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for USDTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2298.2565 2298.2565 2297.1824 2297.1824 -1.0741
Prev. Close Volume Bid Ask Time
2298.2565 2252.2446 2342.1202 2019-10-17 20:06:25
Want to analyze US Dollar/Tanzanian Shilling USDTZS or another symbol? Try our Free Forex Trend Analysis Report.