Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
US Dollar/Tanzanian Shilling (FOREX:USDTZS)
Weak Downtrend (-65) - USDTZS is showing signs of a strengthening downtrend. Monitor USDTZS as it may be building momentum to the downside.
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 Mar 29th, 2020 at 2292.3107
The intermediate-term trend has been DOWN since Mar 29th, 2020 at 2299.5311
The short-term trend has been DOWN since Mar 29th, 2020 at 2305.0000
Smart Scan Analysis for USDTZS
Based on our trend formula, USDTZS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).