Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDTZS
The long-term trend has been DOWN since Nov 6th, 2022 at 2322.5000
The intermediate-term trend has been UP since Nov 21st, 2022 at 2333.4102
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).
| 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 |