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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

US Dollar/Tanzanian Shilling (FOREX:USDTZS)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
2292.8 2292.8 2292.8 2292.8 0.0
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 down The intermediate term trend has been DOWN since Mar 26th, 2019 at 2337.35

short term down The short term trend has been DOWN since May 15th, 2019 at 2299.30

Smart Scan Analysis for USDTZS

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

-100
Smart Scan Analysis for USDTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2292.8 2292.8 2292.8 2292.8 0.0
Prev. Close Volume Bid Ask Time
2292.8 2248.2 2337.4 2019-05-25 11:00:38
Want to analyze US Dollar/Tanzanian Shilling USDTZS or another symbol? Try our Free Forex Trend Analysis Report.