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Forex Trend Analysis Report

Prepared for you on Tuesday, November 29, 2022.

US Dollar/Tanzanian Shilling (FOREX:USDTZS)

Sidelines Mode (+55) - USDTZS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_USDTZS
Open High Low USDTZS Price Change
2332.999 2334.000 2332.000 2333.000 +0.001
Entry Signal

MarketClub’s Trade Triangles for USDTZS

long term down The long-term trend has been DOWN since Nov 6th, 2022 at 2322.5000

intermediate term up The intermediate-term trend has been UP since Nov 21st, 2022 at 2333.4102

short term down The short-term trend has been DOWN since Nov 25th, 2022 at 2332.0000

Smart Scan Analysis for USDTZS

Based on our trend formula, USDTZS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2332.999 2334.000 2332.000 2333.000 +0.001
Prev. Close Volume Bid Ask Time
2332.999 2022-11-29 05:24:44
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